This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

Company Statement: BNP Paribas - New agreement on the terms of the acquisition of Fortis' activities in Belgium and Luxembourg

( March 8, 2009, 16:00 GMT | Official Statement) -- Extract: Under the terms of this new agreement and subject to the approval of Fortis Holding's shareholders meeting, the Belgian State will transfer to BNP Paribas 75% of Fortis Bank on the basis of an 11 billion euros valuation for 100% in exchange of BNP Paribas shares issued at 68 euros, and Fortis Bank will acquire 25% of Fortis Insurance Belgium from Fortis Holding.The Belgian State, Fortis Holding and BNP Paribas have signed a termsheet, amending the Protocol, signed on 10th October 2008, which modifies the terms of BNP Paribas' acquisition of Fortis' activities in Belgium and Luxembourg....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login