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SCGLY Societe Generale (PK)

6.01
0.05 (0.84%)
15 May 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
  0.05 0.84% 6.01 5.96 6.08 6.04 5.9601 6.01 122,096 21:02:22

Societe Generale Considers Sale of Asset-Custodian Unit SGSS, Bloomberg Reports

04/08/2023 4:30pm

Dow Jones News


Societe Generale (PK) (USOTC:SCGLY)
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From May 2023 to May 2024

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--Societe Generale is considering strategic options for its asset custodian-unit Societe Generale Securities Services, including a potential sale, Bloomberg reports.

--The French bank is currently working with Citigroup on a potential deal as part of efforts to dispose of poorly performing businesses, the news agency says, citing unnamed sources.

--The unit could be valued at over EUR1 billion ($1.09 billion), according to Bloomberg.

 

Full story: https://shorturl.at/HIRUX

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

August 04, 2023 11:15 ET (15:15 GMT)

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

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