.
MergerLinks Header Logo

New Deal


Announced

Societe Generale-backed Boursorama to acquire the French retails assets of ING.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Pending

Domestic

France

Banks

Private

Majority

retail banking

Single Bidder

Friendly

Acquisition

Synopsis

Edit

Societe Generale-backed Boursorama, a bank, agreed to acquire the French retails assets of ING, a multinational banking and financial services corporation. “We are convinced Boursorama can deliver the best alternative banking solution to ING customers looking for a 100% mobile model, thanks to our commitment to the lowest fees on the market and toour recognized digital experience on a full range of high-performance products” Benoit Grisoni, Boursorama CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US