Société Générale Société anonyme (ENXTPA:GLE) is looking for buyers for its Russian leasing business ALD Automotive Limited and is in talks with local Expo bank of Igor Kim, TASS reported citing Les Echos newspaper. As followed by bne IntelliNews, Societe Generale was the only major foreign banking group that managed to quickly pull out of Russia following the full-scale military invasion of Ukraine, selling its fully-owned Rosbank to ligarch Vladimir Potanin. ALD Automotive owns 14,600 vehicles in Russia and Belarus. Expobank reportedly eyed other retail banking assets of foreign financial groups pulling out of Russia, such as that of Citi and HSBC.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
25.92 EUR | +2.61% | +5.99% | +7.89% |
10/05 | SocGen's Overnight Economic News Summary | MT |
10/05 | CAC40: continues its rise, close to its all-time high | CF |
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+7.89% | 22.29B | |
+16.85% | 571B | |
+14.20% | 301B | |
+18.59% | 252B | |
+25.74% | 216B | |
+21.29% | 183B | |
+25.50% | 170B | |
+9.52% | 162B | |
+5.28% | 146B | |
-15.88% | 131B |
- Stock Market
- Equities
- GLE Stock
- News Société Générale
- Societe Generale Reportedly Looks to Sell Russian Leasing Business