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Belgium raises $2.3 billion from BNP Paribas stake sale

Published on: Tuesday 28 February 2023

Belgium raises $2.3 billion from BNP Paribas stake sale By Mathieu Rosemain and Pablo Mayo Cerqueiro PARIS (Reuters) - Belgium has sold 2.17 billion euros ($2.31 billion) worth of shares in BNP Paribas, cutting its stake in the French lender built during the financial crisis by about a third. Belgian state participation agency SFPI said on Wednesday it had successfully placed 33 million shares with investors following an accelerated sale on Tuesday



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