Commerzbank reaffirms intention to sell Credit Lyonnais

Commerzbank AG reiterated its intention to divest its stake of around 4% in Credit Lyonnais SA, after BNP Paribas bought the French government's 11% stake in the bank at the weekend.

Commerzbank reaffirms intention to sell Credit Lyonnais
Mon, 25 Nov, 2002 - 10:54

Commerzbank AG reiterated its intention to divest its stake of around 4% in Credit Lyonnais SA, after BNP Paribas bought the French government's 11% stake in the bank at the weekend.

But Commerzbank also emphasised there is currently "no kind of concrete discussion" taking place on the issue.

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