BNP Has a 96.26% Stake in Paribas

  • 04.11.1999
Banque Nationale de Paris, which until now had a 64.99% stake in Paribas, launched an additional public exchange offer for the remainder of Paribas' shares.

Once this offer was over, on 21 October, the Banque Nationale de Paris held a 96.26% stake in Paribas (96.33% of the voting rights).

This success highlights investors' confidence in the new BNP Paribas Group, the number one listed banking group in France.
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