Reuters logo
BRIEF-Societe Generale sells minority stake in Georgia's TBC Bank
June 28, 2017 / 6:17 AM / 4 months ago

BRIEF-Societe Generale sells minority stake in Georgia's TBC Bank

June 28 (Reuters) - Societe Generale

* Societe Generale sells its stake in TBC bank group plc

* Societe Generale sold approximately 2.8 million ordinary shares in TBC bank group via an accelerated bookbuild offering to a number of institutional investors at a price of gbp 15.25 per share

* This operation would have a very limited positive impact on the group’s financial ratios. Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below