December 26, 2017 / 7:37 AM / 9 months ago

BRIEF-Natixis Sells Its Stake In CACEIS To Crédit Agricole

Dec 26 (Reuters) - Natixis:

* ‍CO ANNOUNCES FINALISATION OF SALE OF ITS 15% STAKE IN CACEIS TO CRÉDIT AGRICOLE S.A​.

* NATIXIS SELLS ITS STAKE IN CACEIS, IN LINE WITH THE OBJECTIVES OF “NEW DIMENSION”

* SAYS TRANSACTION IS SET TO HAVE AN ESTIMATED IMPACT ON NATIXIS’ CET1 RATIO OF AROUND +12BPS AS AT 31/12/2017

* SAYS WILL RECOGNIZE A EURO 74 MILLION CAPITAL GAIN BEFORE TAX IN ITS Q4 2017 FINANCIAL STATEMENTS Source text for Eikon: Further company coverage:

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