Groupe BPCE sells a 4.66% stake in Banca Carige
Paris, May 24th, 2015
Groupe BPCE announces the signing of an agreement with Malacalza Investimenti regarding the disposal of a 4.66% stake in Banca Carige for a total consideration of Euro 32.7 million.
Following this transaction, Groupe BPCE will hold a 5.1% stake in Banca Carige.
This transaction is part of Groupe BPCE's strategy of reducing or selling its stakes in non-core assets.
Barclays and Natixis have assisted Groupe BPCE in the context of this transaction.
