BNP Paribas Set to Make Offers for Two French Banks -Les Echos
29 March 2021 - 9:45PM
Dow Jones News
--BNP Paribas SA could make a firm offer for a stake of 50% or
more in Floa Bank as soon as Monday, and may also approach Orange
Bank with an offer in the coming days, Les Echos reports.
--Formerly Casino Bank, Floa Bank is an expert in split payments
and has around 3 million clients, while Orange Bank has an online
offering and around 1.2 million accounts, according to the
financial daily.
--The French banking giant didn't immediately respond to a
request for comment.
Full story: https://bit.ly/3rFIIcx
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(END) Dow Jones Newswires
March 29, 2021 06:30 ET (10:30 GMT)
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