BPCE today announced it has entered into exclusive negotiations with Ripplewood Advisors LLC related to the proposed disposal of the entire share capital of Fidor Bank AG

August 3, 2020

This project will shortly be presented to BPCE employee representative bodies by means of an information-consultation procedure.

Closing of the proposed transaction, which will subject to customary regulatory approvals, is currently anticipated in the course of H1 2021.