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BPCE working with advisors on a takeover proposal -source Natixis asset management seen as disposal candidate -source BPCE, Natixis decline comment (Recasts with confirmation) By Pamela Barbaglia, Sudip Kar-Gupta and Gwénaëlle Barzic PARIS, Feb 9 (Reuters) - French bank BPCE plans to buy the 29.3% stake in domestic peer Natixis it does not already own, with a view to delisting the lender and restructuring some of its activities. Natixis said in a statement its board met on Tuesday to examine the proposal, which at 4 euros per share compares with the stock’s last closing price of 3.7 euros and values the 29.3% stake at about 3.7 billion euros ($4.5 billion). ....
BPCE working with advisors on a takeover proposal -source Natixis asset management seen as disposal candidate -source BPCE, Natixis decline comment (Recasts with confirmation) By Pamela Barbaglia, Sudip Kar-Gupta and Gwénaëlle Barzic PARIS, Feb 9 (Reuters) - French bank BPCE plans to buy the 29.3% stake in domestic peer Natixis it does not already own, with a view to delisting the lender and restructuring some of its activities. Natixis said in a statement its board met on Tuesday to examine the proposal, which at 4 euros per share compares with the stock’s last closing price of 3.7 euros and values the 29.3% stake at about 3.7 billion euros ($4.5 billion). ....