Monday, October 6, 2008

Belgian PM talking to private groups about Fortis stake

BNP Paribas SA, France's biggest bank, agreed to take over Fortis's units in Belgium after a government rescue failed. based analyst for BNP Paribas. By Simon Kennedy , , ) to reduce from hold after the latest round of bailouts and rescue packages in Europe. Belgian Prime Minister Yves Leterme said French banking giant BNP Paribas will take a 75 percent share of troubled bank Fortis NV. A BNP Paribas spokesman in Paris refused to comment on the rumours on Saturday.

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