SocGen agrees to sell SG Finans arm to Nordea
PARIS, Dec 19 (Reuters) – French bank Societe Generale has agreed to sell its Nordics-based SG Finans division to Helsinki-headquartered Nordea Bank for 575 million euros ($634 million) as part of a wider asset sales plan. The price valued the SG Finans business at a price-to-book multiple of 1.07 times, Nordea said on Thursday. The … Read moreSocGen agrees to sell SG Finans arm to Nordea