Guide and Cuatrecasas advise Boursorama on selling stake in Self Trade Bank to Warburg Pincus

2018年6月12日

Guide and Cuatrecasas advise Boursorama on selling stake in Self Trade Bank to Warburg Pincus
Guide and Cuatrecasas advise Boursorama on selling stake in Self Trade Bank to Warburg Pincus

Société Générale Group agreed to sell the entire stake of its online banking subsidiary Boursorama in its Spanish subsidiary Self Trade Bank to private equity fund Warburg Pincus.

 The transaction is part of Société Générale's plans to simplify its setup and focus on its core businesses.

 Société Générale Group remains committed to the Spanish market through its global banking and investor solutions activities. It will continue to pursue the further development of Boursorama, its leading online banking subsidiary in France with over 1.4 million clients.

 Gide and Cuatrecasas advised Boursorama on this transaction. Partner Guillaume Rougier-Brierre and associate Natalia Li made up the Gide legal team, while partners Fernando Mínguez and Gerard Correig participated for Cuatrecasas.

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