PARIS, January 5 (Reuters) – Natixis bank, which BPCE group took off the list this year, announced on Wednesday that it had launched the sale of its entire stake in Coface COFA.PA representing 10.04% of the capital from the credit insurer.
Based on the closing price of the Coface share, at 12.82 euros, the stake sold by Natixis – which represents around 15 million shares – represents 193.30 million euros.
Natixis said in a press release that its corporate and investment bank, Natixis Corporate & Investment Banking, and BNP Paribas act as global coordinators for the placement.
(Report Matthieu Protard)