Brief: Renta 4 Buys BNP Paribas Personal Investors Business

Renta 4 Banco SA

26/09/2019 07:17

Sept 26 (Reuters) - Renta 4 Banco SA  RTA4.MC :
    * SAYS BUYS BNP PARIBAS PERSONAL INVESTORS BUSINESS
    * SAYS FINAL PURCHASE PRICE WILL BE FIXED AFTER REGULATORY
APPROVALS
    * SAYS OPERATION IS EXPECTED TO CLOSE IN H1 2020
    * ACQUISITION WILL RESULT IN OVER 22% INCREASE IN NUMBER OF
CLIENTS OF RENTA 4 BANCO'S OWN NETWORK
    * TRANSACTION PRICE CURRENTLY UNDETERMINED IS NOT EXPECTED
TO HAVE
SIGNIFICANT IMPACT ON CET1 FULLY LOADED CAPITAL


Source text for Eikon:  ID:nCNM30wXpy 
Further company coverage:  RTA4.MC 

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