BNP Paribas completed the acquisition of depositary business of Banco Mediolanum.

Synopsis

BNP Paribas, a bank, completed the acquisition of depositary business of Banco Mediolanum, a Spanish bank providing retail banking, wealth management, and investment products. Financial terms were not disclosed.

Principals

target

Banco Mediolanum (depositary Business)

bidder

Bnp Paribas Developpement

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Market Context