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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Klepierre SA (PK) | USOTC:KLPEF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 29.22 | 0.01 | 829.01 | 25 | 22:00:02 |
By Noemie Bisserbe
PARIS--French bank BNP Paribas SA (BNP.FR) said it had initiated the sale of its remaining 6.5% stake in real estate group Klepierre in a private placement to institutional investors.
"This transaction is part of BNP Paribas' active management of its equity investment portfolio," said the company in a statement . "The result of the private placement will be announced after the closing of the bookbuilding," it added.
In May, BNP Paribas had already sold a 7% stake in Klepierre and said it would keep the 6.5% stake it still held in the real estate company for at least 90 days.
-Write to Noemie Bisserbe at noemie.bisserbe@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
November 02, 2015 12:27 ET (17:27 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
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