Report
Benoit Valleaux ...
  • Roland Pfaender,MBA,CFA,CCRA

CNP Assurances : La Banque Postale plans to launch a tender offer at € 21.9 per share

>La Banque Postale announced that it plans to acquire the shares owned by BPCE and launch a simplified public tender offer - La Banque Postale and the BPCE group announced this morning that they are streamlining their shareholding relationships and strengthening their industrial partnerships. La Banque Postale (LBP), which currently owns 62.8% of the capital of CNP Assurances, announced this morning that it plans to acquire the CNP Assurances shares held by BPCE group...
Underlying
CNP Assurances SA

CNP Assurances is an insurance company. Co. designs, develops, distributes and manages savings, pension & personal risk, and term creditor products. Co. offers savings products and insurance against the risks of everyday life to its customers. Co.'s operations are organized along three business segments. The Savings business concerns products enabling policyholders to build up capital which they can cash in. The Pensions business concerns products designed to enable policyholders to receive an annuity or lump sum on retirement. The Personal Risk business includes products enabling policyholders to insure against the risks of death, accident or illness, property damage or liability claims.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Benoit Valleaux

Roland Pfaender,MBA,CFA,CCRA

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