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Market Closed -
Other stock markets
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5-day change | 1st Jan Change | ||
| 14.04 EUR | +0.93% |
|
+2.00% | +9.20% |
| Apr. 16 | Amundi to get 26% stake in Victory in exchange for US business | RE |
| Apr. 16 | Crédit Agricole S.A. acquired unknown minority stake in Cibler SAS. | CI |
PARIS (Reuters) - France's Credit Agricole sold the first tranche of its majority stake in Credit du Maroc, the bank said on Wednesday, as part of a deal to transfer the unit to Morocco's Holmarcom group.
"This transaction occurred after having obtained the required regulatory approvals in line with the schedule announced in April 2022," the company said.
Crédit Agricole, in a first step, sold a 63.7% stake of the local bank to Holmarcom and it will sell a second tranche with a remaining 15% stake in 18 months, added the French bank.
(Reporting by Tassilo Hummel, Editing by Louise Heavens)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 917 MAD | -0.22% | -0.33% | 988M | ||
| 14.04 EUR | +0.93% | +2.00% | 44.85B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +9.20% | 44.85B | |
| +15.61% | 211B | |
| +0.80% | 72.11B | |
| +8.99% | 55.24B | |
| +19.29% | 50.4B | |
| -0.19% | 46.78B | |
| +6.41% | 35.93B | |
| -14.70% | 35.77B | |
| -96.60% | 32.24B | |
| +8.97% | 24.19B |
CRÉDIT AGRICOLE S.A. 
