News and Press releases

Date bloc
12/02/2019 - Press release

Auchan Holding and BPCE enter exclusive negotiations with a view to forging a long-term partnership via BPCE’s acquisition of a 50.1% interest in Oney Bank SA

BPCE announces its entry into exclusive negotiations with Auchan Holding with a view to acquiring a 50.1% interest in Oney Bank SA. The proposed transaction would provide a means for BPCE to initiate its European development in the retail focused digital banking and consumer finance fields under the Oney brand, and for Oney Bank to accelerate its development, by leveraging BPCE’s expertise, particularly in the payments area.