SocGen in talks with Amundi for 825 million euros sale of Lyxor
2 Min Read PARIS (Reuters) - French bank Societe Generale is in exclusive talks to sell most of asset manager Lyxor to Amundi for 825 million euros ($979 million), as SocGen continues its corporate restructuring while Amundi seeks to increase its market share. FILE PHOTO: A Societe Generale sign is seen outside a bank building in Paris, France, February 9, 2021. REUTERS/Sarah Meyssonnier/File Photo SocGen said on Wednesday that the capital gain from the Lyxor sale would be around 430 million euros, adding that the transaction would conclude the “refocusing programme” it launched in 2018. ...