Shares in BNP Paribas Decline After Report of Potential Stake Sale
01 Marzo 2023 - 3:05AM
Noticias Dow Jones
By Sarah Sloat
Shares in BNP Paribas SA fell Wednesday following a report that
Belgium was preparing a partial sale of its stake in the French
bank.
Citing Belgium's state participation agency SPFI, Reuters said
Belgium would sell a third of its 7.8% equity stake. The agency
will dispose of around 2.7% in the bank, reducing Belgium's stake
to about 5.1%, Reuters said.
At 0824 GMT, BNP shares traded 2.9% lower at EUR64.24.
BNP Paribas and SFPI couldn't immediately be reached for
comment.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
March 01, 2023 03:50 ET (08:50 GMT)
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