Societe Generale to divest equipment finance arm to Groupe BPCE for €1.1bn
Societe Generale has reached a significant agreement to sell the bulk of its Societe Generale Equipment Finance (SGEF) activities to Groupe BPCE, marking a pivotal development in the European financial services industry. The Memorandum of Understanding, signed under the chairmanship of Lorenzo Bini Smaghi, involves a transaction valued at €1.1 billion, which is poised to […]