Telecoms company Orange to buy Groupama's stake in its online banking unit

Telecoms company Orange to buy Groupama's stake in its online banking unit

2 years ago
Anonymous $WHrWmjSJBZ

https://www.reuters.com/article/orange-m-a-bank-groupama/telecoms-company-orange-to-buy-groupamas-stake-in-its-online-banking-unit-idUSKBN2GR37P

France's biggest telecoms group Orange said it would buy insurer Groupama's 21.7% stake in Orange Bank, its online banking unit, and also provide the bank with a 230 million euros ($266.4 million) capital increase.