All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Taking over SG would blight victors with a French discount

There is a good chance that SG may yet remain independent, but if it is swallowed up by BNP Paribas, Crédit Agricole or both, it could be bad news for French banks. What upside would be left in the shares, with the consolidation dance effectively over?

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree