The Société Générale group will sell its majority stake of 58.08% in Société Générale Cameroon to the State of Cameroon, which is already a shareholder. Following the transaction, the Cameroonian state will hold 83.68% of the capital of the banking institution, thus consolidating its control over one of the country’s main banks. The agreement formalized…...
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Cameroon: State signs agreement with Société Générale for the acquisition of its subsidiary
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