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New Deal


Announced

Completed

Credit Agricole completed the acquisition of a 9.18% stake in Banco BPM for $414m.

Financials

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Transaction Value£316m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Cross Border

bank

Public

Single Bidder

Acquisition

Italy

Banks

Majority

Friendly

Synopsis

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Credit Agricole, a bank holding company, completed the acquisition of a 9.18% stake in Banco BPM, an Italian bank, for $414m. "Credit Agricole aims at expanding the scope of strategic partnerships with Banco BPM," Credit Agricole.

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