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Announced

Banque Nationale d'Investissement to acquire the Ivory Coast unit of BNP Paribas for $117m.

Financials

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Transaction Value£107m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

Côte d'Ivoire

Single Bidder

banking company

Acquisition

Banks

Private

Majority

Domestic

Pending

Synopsis

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Banque Nationale d'Investissement, Ivory Coast's national investment bank, agreed to acquire the Ivory Coast unit of BNP Paribas, a French international banking group, for $117m. The sale is part of the French banking giant's retreat from the sub-Saharan African market that began in 2019.

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