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KLPEF Klepierre SA (PK)

29.695
0.00 (0.00%)
12 Feb 2025 - Closed
Delayed by 15 minutes
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% 29.695 29.01 31.19 17 21:03:21

BNP Paribas to Sell 7% Stake in Klepierre

06/05/2015 6:37pm

Dow Jones News


Klepierre (PK) (USOTC:KLPEF)
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By Noemie Bisserbe

PARIS--French bank BNP Paribas SA (BNP.FR) said Wednesday it plans to sell a 7% stake in retail landlord Klepierre (LI.FR) in a private sale to institutional investors.

Simon Property Group Inc. (SPG), which currently owns 18.3% of Klepierre, has placed an order to acquire an additional 2% of the company's shares, BNP Paribas said in a statement.

The French bank said it would keep the 6.5% stake it will still hold in Klepierre after the proposed sale for at least 90 days.

Write to Noemie Bisserbe at noemie.bisserbe@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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