SOCIETE GENERALE ANNOUNCES THE CLOSING OF THE SALE OF TCW
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For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130206:nHUGcVSY Paris, 6 February 2013 SOCIETE GENERALE ANNOUNCES THE CLOSING OF THE SALE OF TCW Societe Generale today finalised the closing of the sale of its stake in TCW to the Carlyle Group and TCW management, after obtaining all the necessary approvals. As communicated on 9 August 2012, this transaction is part of Societe Generale group's transformation plan. The financial terms of the operation, which remain unchanged, were not made public. The transaction increases the Group's Basel 2.5 Core Tier 1 ratio by 17 bps. Under Basel 3, the increase is expected to be 14 bps. Societe Generale has actively participated in the development and growth of TCW, and wishes the company continued growth and lasting success in its new partnership with the Carlyle Group. Press contacts : Elisa O'Neill + 33 (0)1 42 14 39 24 email@example.com mailto:firstname.lastname@example.org Jolyon Barthorpe +33 (0)1 42 14 34 55 email@example.com mailto:firstname.lastname@example.org Laetitia Maurel +33 (0)1 42 13 88 68 email@example.com mailto:firstname.lastname@example.org Nathalie Boschat +33 (0)1 42 14 83 21 email@example.com mailto:firstname.lastname@example.org Societe Generale Societe Generale is one of the largest European financial services groups. Based on a diversified universal banking model, the Group combines financial solidity with a strategy of sustainable growth, and aims to be the reference for relationship banking, recognised on its markets, close to clients, chosen for the quality and commitment of its teams. Around 160,000 employees, based in 77 countries, accompany more than 33 million clients throughout the world on a daily basis. Societe Generale' teams offer advice and services to individual, corporate and institutional customers in three core businesses: *Retail banking in France with the Societe Generale branch network, Credit du Nord and Boursorama *International retail banking, with a presence in Central and Eastern Europe and Russia, in the Mediterranean basin, in Sub-Saharan Africa, in Asia and in the French Overseas Territories *Corporate and investment banking with a global expertise in investment banking, financing and global markets. Societe Generale is also a significant player in specialised financing and insurance, private banking, asset management and securities services. Societe Generale is included in the socially-responsible investment indices FTSE4Good and ASPI. For more information, you can follow us on twitter @societegenerale or visit our website www.societegenerale.com http://www.societegenerale.com/ . SOCIETE GENERALE ANNOUNCES THE CLOSING OF THE SALE OF TCW http://hugin.info/143574/R/1676166/546191.pdf ---------------------------------------------------------------------------------------------------- This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: SOCIETE GENERALE via Thomson Reuters ONE HUG#1676166
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