BPCE €2.7 billion acquisition of Natixis' specialised finance businesses

17/9/2018
Public acquisition

€ 2.7 billion

$ 3.1 billion

Announced

17/9/2018


Overview:

  • Natixis, the French investment bank, has agreed to sell several of its specialised finance businesses to its parent company Groupe BPCE for $3.1 billion.
  • The assets to be sold to BPCE are its consumer financing, factoring, leasing, sureties and guarantees, and securities services businesses.
  • Natixis have stated that the deal would leave it with a spending budget of $2.9 billion for acquisitions over the 2018-2020 period. 
  • The transaction is expected to close in the first quarter of 2019, subject to regulatory approval.

Prin Shasiharan - Researcher

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