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The first Boeing 787 Dreamliner sits on the assembly line at the company's Everett plant in Washington in this May 19, 2008 file photo. REUTERS/Robert Sorbo/Files

Aerospace and Defense

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    SocGen says board never discussed bid offer

    PARIS
    Wed Jan 30, 2008 12:03pm EST

    PARIS (Reuters) - French bank Societe Generale said that a board meeting held on Wednesday never discussed the subject of a takeover bid for SocGen.

    "The topic was not on the agenda of the board," said a spokeswoman for the bank.

    SocGen shares were up 5.4 percent in late afternoon trade after French newspaper Le Figaro carried out a report by news agency AFP which said that SocGen chairman Daniel Bouton was "open to a friendly offer."

    The SocGen spokeswoman said the report was "without foundation."

    (Reporting by Yann Le Guernigou, Sudip Kar-Gupta)



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