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Société Générale — M&A Activity 2012
Oct 3, 2012
1671_tar_2012-10-03_fbe1f186-0ebd-4407-8ea5-ec235acfade7.pdf
M&A Activity
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Paris, 3rd October 2012
Societe Generale and Piraeus Bank announced today that they have entered into exclusive negotiations regarding the potential acquisition by Piraeus Bank of Geniki Bank, a 99.1% subsidiary of Societe Generale.
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, 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.
| PRESS RELATIONS | HELENE AGABRIEL +33(0)1 41 45 98 33 |
ASTRID BRUNINI +33(0)1 42 13 68 71 |
SOCIETE GENERALE COMM/PRS |
|---|---|---|---|
| LAETITIA MAUREL +33(0)1 42 13 88 68 |
[email protected] | [email protected] | 75886 PARIS CEDEX 18 SOCIETEGENERALE.COM |
| [email protected] | NATHALIE BOSCHAT +33(0)1 42 14 83 21 [email protected] |
HELENE MAZIER +33(0)1 58 98 72 74 [email protected] |
EUR 975,339,185 552 120 222 RCS PARIS |
SOCIETEGENERALE.COM A FRENCH CORPORATION WITH SHARE CAPITAL OF EUR 975,339,185
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