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Announced

GROUPE BPCE (BANKING INTERESTS IN AFRICA) / BANQUE CENTRALE POPULAIRE / GROUPE BPCE / Disposal / Private

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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banking services

banking products

Banks

Tunisia

Madagascar

Cameroon

Congo (Democratic Republic of the)

Private

Disposal

Pending

Single Bidder

Synopsis

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Groupe BPCE is entering exclusive negotiations with the Banque Centrale Populaire group, with a view to divesting equity interests held by BPCE International in Cameroon: 68.5% of Banque Internationale du Cameroun pour l'Epargne et le Credit, in Madagascar: 71% of Banque Malgache de l'Ocean Indien, in the Republic of the Congo: 100% of Banque Commerciale Internationale, in Tunisia: 60% of Banque Tuniso-Koweitienne.

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