BNP Paribas Acquires Polish Bank BGZ at Rabobank Group
December 05, 2013 at 06:49 AM EST
The BNP Paribas Group (OTC: BNPQY ) and Rabobank Group announced that they had reached an agreement for the sale to BNP Paribas participation of 98.5% owned by Rabobank in BGŻ Bank (Bank Gospodarki Zywnosciowej) for an amount valuing BGŻ Bank PLN 4.2 billion (approximately EUR 1 billion). Completion