CNP Assurances : Delisting expected after successful offer
>La Banque Postale owns 97.79% of CNP Assurances after its offer - La Banque Postale indicated at the end of last week that it now owns, after its simplified public tender offer, 97.79% of the capital and 98.56% of the voting rights of CNP Assurances.La Banque Postale indicated that, as a result, it expects to submit a request within the next few days, to implement a squeeze-out procedure with the AMF, in order to have transferred to it the CNP Assurances shares ...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.
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.
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