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SCGLY Societe Generale (PK)

5.25
0.00 (0.00%)
11 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Societe Generale (PK) USOTC:SCGLY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 5.25 4.97 5.09 0.00 14:25:48

BNP Paribas, Credit Agricole Ready Bids for ALD-LeasePlan Car-Rental Assets, Les Echos Reports

27/01/2023 12:30pm

Dow Jones News


Societe Generale (PK) (USOTC:SCGLY)
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-- BNP Paribas SA and Credit Agricole SA are planning rival offers for car-rental assets put up for sale by Societe Generale SA subsidiary ALD SA and LeasePlan, French newspaper Les Echos reports, citing unnamed sources.

-- Both companies are preparing to submit indicative bids in coming weeks for assets in Ireland, Norway, Portugal, Czech Republic, Finland and Luxembourg to address European Union antitrust concerns arising from ALD's proposed acquisition of LeasePlan, according to Les Echos.

-- The valuation of the assets could range from 200 million euros to 500 million euros ($218 million-$545 million), Les Echos reports, citing the sources.

 

Full story (in French): https://bit.ly/3jbEL0S

 

Write to Pierre Bertrand at pierre.bertrand@wsj.com

 

(END) Dow Jones Newswires

January 27, 2023 07:15 ET (12:15 GMT)

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

1 Year Societe Generale (PK) Chart

1 Year Societe Generale (PK) Chart

1 Month Societe Generale (PK) Chart

1 Month Societe Generale (PK) Chart