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Groupe BPCE sells a 4.66% stake in Banca Carige
Paris, France, May 24, 2015
Groupe BPCE announces the signing of an agreement with Malacalza Investimenti regardingthe 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.