checkAd

     408  0 Kommentare SOCIETE GENERALE ANNOUNCES THE ACQUISITION OF CAIXABANK'S ENTIRE SHAREHOLDING IN BOURSORAMA

     
    Paris, June 18th, 2015
     
    Société générale announces the acquisition of caixabank's entire shareholding in boursorama and the signing of the acquisition of caixabank's entire shareholding in selftrade bank by boursorama

    Société Générale Group announces the acquisition of the entire stake of CaixaBank in Boursorama, representing 20.5% of the share capital and of the voting rights. The price paid by Société Générale Group will be the same than the one offered to minority shareholders during last year's simplified takeover offer and squeeze out procedure (retrait obligatoire), meaning €12 per share.

    This transaction ends the partnership between Société Générale Group and CaixaBank which began in 2006 after the sale of CaixaBank France to Boursorama by CaixaBank. Therefore, the shareholders agreement signed in May 2006 and renegotiated in March 2014 by both institutions also terminates.

    Anzeige 
    Handeln Sie Ihre Einschätzung zu Société Générale S.A.!
    Long
    22,48€
    Basispreis
    0,17
    Ask
    × 14,13
    Hebel
    Short
    25,82€
    Basispreis
    0,20
    Ask
    × 11,99
    Hebel
    Präsentiert von

    Den Basisprospekt sowie die Endgültigen Bedingungen und die Basisinformationsblätter erhalten Sie bei Klick auf das Disclaimer Dokument. Beachten Sie auch die weiteren Hinweise zu dieser Werbung.

    Following this acquisition, Société Générale Group will remain the sole shareholder of Boursorama with 100% of the share capital and of the voting rights. The strengthening of Société Générale Group in the capital of Boursorama, the leading online bank in France, is part of the Group's strategy to pursue its development in online banking. The operational set-up of Boursorama will remain unchanged following the transaction.

    Société Générale Group also announces the signing of the acquisition by Boursorama of the whole stake of CaixaBank in SelfTrade Bank, their common Joint Venture in Spain, representing 49% of the share capital. This transaction will also terminate the joint venture and the shareholders agreements signed in July 2008 by Boursorama and CaixaBank. Its closing will take place once the necessary administrative authorizations are obtained. The operational set-up of SelfTrade Bank will remain unchanged following the transaction.

    These transactions will have a non-significant negative impact, below 5bps, on Société Générale Group fully loaded CET1 ratio.




    This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
    The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    Source: Société Générale via Globenewswire

    HUG#1929668


    GlobeNewswire
    0 Follower
    Autor folgen

    Verfasst von GlobeNewswire
    SOCIETE GENERALE ANNOUNCES THE ACQUISITION OF CAIXABANK'S ENTIRE SHAREHOLDING IN BOURSORAMA   Paris, June 18th, 2015   Société générale announces the acquisition of caixabank's entire shareholding in boursorama and the signing of the acquisition of caixabank's entire shareholding in selftrade bank by boursorama Société …

    Schreibe Deinen Kommentar

    Disclaimer