Societe Generale SA in Discussions over Possible Sale of National Societe Generale Bank (NSGB)


Thursday, 30 Aug 2012 08:50am EDT 

Societe Generale SA announced that it has received from Qatar National Bank (QNB) an expression of interest in relation to a potential acquisition of its majority stake (77.17%) in National Societe Generale Bank (NSGB), its Egyptian subsidiary. The discussions are preliminary and there can be no certainty as to whether an agreement will be reached. 

Company Quote

8.14
-0.1 -1.21%
3:55pm EDT