Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:French Workers Approve the TCW Sale Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, July 31, 2012

French Workers Approve the TCW Sale

News summary by MFWire's editors

The Societe Generale team just cleared another hurdle to selling TCW [profile]. Lionel Laurent of Reuters reports that the French bank's labor unions have signed offer on the sale and expect the deal to be signed any day now.

"The works council has met," an attendee of the meeting told the wire service. "It is decided that we are selling TCW."

A spokeswoman for SocGen declined to comment to Reuters. While no bidder or price were disclosed at the meeting, according to the wire service's sources, Reuters reported earlier this month that Carlyle Group was still bidding after two other private equity firms dropped out. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use