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The French group Societe Generale has sold 96.69% of the shares of Mobiasbanca - Groupe Societe Generale to the Hungarian bank OTP Bank Nyrt. for 1.47 billion lei (74.7 million euros).

The French group Societe Generale has sold 96.69% of the shares of Mobiasbanca - Groupe Societe Generale to the Hungarian bank OTP Bank Nyrt. for 1.47 billion lei (74.7 million euros).

22.07.2019

The purchase - sale transaction for these securities was registered on the Moldova Stock Exchange. In particular, 9,669,155 shares of Mobiasbanca - Groupe Societe Generale, with a nominal value of 10 lei per share, were sold at a price of 152.57 lei per share, and the total amount of the transaction amounted, therefore, to 1 billion 475.2 million lei (74.7 million euros at the current rate of the NBM). As InfoMarket agency reported earlier, the Executive Committee of the National Bank of Moldova approved on July 10, 2019 the acquisition by OTP Bank Nyrt. (Hungary) of controlling stake (over 50%) ...
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