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BRIEF-Banque Saudi Fransi says CACIB may sell further stake in bank
September 12, 2017 / 7:00 AM / 12 days ago

BRIEF-Banque Saudi Fransi says CACIB may sell further stake in bank

Sept 12 (Reuters) - BANQUE SAUDI FRANSI:

* CREDIT AGRICOLE CORPORATE & INVESTMENT BANK (CACIB) AGREES TO SELL 16.2 PERCENT STAKE IN BANK TO KINGDOM HOLDING, CACIB MAY SELL ADDITIONAL UPTO 5 PERCENT STAKE IN BANK THROUGH OFF-MARKET BLOCK TRADE DEALS

* CACIB TO KEEP STAKE OF AT LEAST 9.9 PERCENT IN BANK FOR A PERIOD ENDING ONE YEAR AFTER CLOSING OF TRANSACTION Source text for Eikon: Further company coverage:

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