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BNPQY BNP Paribas (QX)

29.82
0.03 (0.10%)
25 Nov 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
BNP Paribas (QX) USOTC:BNPQY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.03 0.10% 29.82 29.82 29.85 30.00 29.74 29.79 453,465 21:00:15

Belgium to Sell Third of BNP Paribas Stake, Reuters Reports

01/03/2023 7:45am

Dow Jones News


BNP Paribas (QX) (USOTC:BNPQY)
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--Belgium's state participation agency SFPI is preparing a sale of a third of its 7.8% stake in BNP Paribas SA, reducing its shareholding in the French lender to about 5.1%, Reuters reports.

--Bookrunners told investors to submit stock orders that the deal was likely to price 64.96 euros ($68.71) per share, valuing the transaction at over $2 billion, Reuters says, citing messages from unnamed sources. Shares in BNP closed Tuesday at EUR66.15.

--BNP Paribas and SFPI could not immediately be reached for comment when contacted by Dow Jones Newswires.

 

Full story: https://reut.rs/3SFnxWV

 

Write to Ed Frankl at edward.frankl@wsj.com

 

(END) Dow Jones Newswires

March 01, 2023 02:30 ET (07:30 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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