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GLE Societe Generale SA

24.865
-0.925 (-3.59%)
Last Updated: 11:19:53
Delayed by 15 minutes
Share Name Share Symbol Market Type
Societe Generale SA EU:GLE Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.925 -3.59% 24.865 24.84 24.875 27.36 24.80 26.825 4,632,916 11:19:53

SocGen Enters Exclusive Talks With My Money Bank to Buy Socalfi

18/07/2019 5:43pm

Dow Jones News


Societe Generale (EU:GLE)
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From May 2019 to May 2024

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   By Pietro Lombardi 
 

Societe Generale SA (GLE.FR) has entered into exclusive talks with My Money Bank to buy Socalfi, the French bank said Thursday.

Socalfi, which has 26 employees, is a subsidiary of My Money Bank in New Caledonia, where SocGen is present through its subsidiary Societe Generale Caledonienne de Banque.

"This acquisition project would allow SGCB to strengthen its local positions in the markets of consumer credit and equipment finance, which benefit from profitable growth potential," it said.

 

Write to Pietro Lombardi at pietro.lombardi@dowjones.com

 

(END) Dow Jones Newswires

July 18, 2019 12:28 ET (16:28 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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