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Credit Agricole SA to dispose its 50 percent stake in Crelan- L'Echo

Thursday, 9 Jan 2014 07:00pm EST 

Credit Agricole SA:Credit Agricole SA will dispose, within several tranches, its 50 percent stake in the Belgian bank Crelan - L'Echo.The stake represents from 350 to 400 million euros and is to be acquire by a Belgian stakeholder.This stake results from the merger of Credit Agricole SA with Centea, accomplished on Apr. 1, 2013.