Accueil > Actualité
Actualite financiere : Actualite bourse

Société Générale: sells businesses in Scandinavia

(CercleFinance.com) - Société Générale announces an agreement to sell SG Finans AS, its equipment financing and factoring activities in Norway, Sweden and Denmark, to Nordea Finance, Nordea Bank's equipment and factoring financing arm.


This transaction is expected to have a positive impact of approximately 10 basis points on the group's CET1 ratio, but will have a negative impact of approximately 100 million euros on its Q4 2019 results. The deal is expected to be completed in the second half of 2020.

At the same time, Société Générale Equipment Finance (SGEF) and Nordea Finance have entered into a commercial partnership agreement to offer equipment financing solutions and services to their partner networks.


Copyright (c) 2019 CercleFinance.com. All rights reserved.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.