The previously announced sale of 2% of Société Générale shares held by CGNU to the Foundations of UniCredito Italiano, and the purchase of 2% of UniCredito Italiano shares from the Foundations, which had been agreed in principle between the parties, has been delayed pending clarification of fiscal and legal issues involving the Foundations.
The previously announced sale of 2% of Société Générale shares held by CGNU to the Foundations of UniCredito Italiano, and the purchase of 2% of UniCredito Italiano shares from the Foundations, which had been agreed in principle between the parties, has been delayed pending clarification of fiscal and legal issues involving the Foundations.
Enquiries
Analysts/Investors:
James Matthews, Head of Investor Relations
+44 (0)20 7662 2137
Media:
Ian Frater, Head of External Affairs
+44 (0)20 7662 8221
Stuart Blackmore, Financial Dynamics
+44 (0)20 7269 7241
Notes to editors
At 30 November 2001, CGNU held 6.7% of Société Générale shares and 1.5% of UniCredito Italiano shares.