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10 Nov

Societe Generale  set to raise 4.8bn euros, in talk with Dexia SA for Credit du Nord acquisition

Societe Generale set to raise 4.8bn euros, in talk with Dexia SA for Credit du Nord acquisition

Société Générale (SOGN.PA) (GLE.FR) launched a 4.8 billion-euro ($7.02 billion) rights issue on Tuesday to repay 3.4 billion euros bailout, a week after national rival BNP Paribas (BNPP.PA) tapped investors for 4.3 billion euros. Societe Generale (OTC:SCGLY) also said...


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