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

Synopsis

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.

Principals

target

Bnp Paribas (ivory Coast Business)

bidder

Banque Nationale D'investissement

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Market Context

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Bidder Team (1)

youssouf fadiga

CEO at BANQUE NATIONALE D'INVESTISSEMENT

Manager

bidder

Deal

£ 107 M

Total Value

Vendor Team (4)

jean-laurent bonnafe

CEO at BNP PARIBAS SA

Manager

vendor

Deals

£ 21.96 B

Total Value

cyril de mont-marin

Managing Director at Rothschild & Co

Financial Advisor

vendor

Deals

£ 43.73 B

Total Value

lucile poivert

Director at Rothschild & Co

Financial Advisor

vendor

Deals

£ 849 M

Total Value

anne catherine philippeau

Director at Rothschild & Co

Financial Advisor

vendor

Deals

£ 14.83 B

Total Value

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