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Credit Agricole SA (CAGR.PA)

CAGR.PA on Paris Stock Exchange

12.47EUR
18 Apr 2019
Change (% chg)

€0.16 (+1.26%)
Prev Close
€12.31
Open
€12.28
Day's High
€12.48
Day's Low
€12.12
Volume
8,299,743
Avg. Vol
6,952,890
52-wk High
€13.77
52-wk Low
€9.10

Latest Key Developments (Source: Significant Developments)

Santander Signs MoU With Credit Agricole To Combine Caceis and Santander Securities Services
Wednesday, 17 Apr 2019 

April 17 (Reuters) - Banco Santander SA ::SIGNED MOU WITH CREDIT AGRICOLE WITH PURPOSE OF COMBINING CACEIS AND ITS SUBSIDIARIES WITH SANTANDER SECURITIES SERVICES AND ITS SUBSIDIARIES.UNDER TRANSACTION SANTANDER WOULD CONTRIBUTE 100% OF S3 GROUP’S OPERATIONS IN SPAIN AND 49.99% OF ITS OPERATIONS IN LATIN AMERICA TO CACEIS, IN EXCHANGE FOR 30.5% OF SHARE CAPITAL AND VOTING RIGHTS OF CACEIS.REMAINING 69.5% WOULD CONTINUE TO BE HELD BY CASA.LATIN AMERICAN OPERATIONS OF S3 GROUP WOULD BE JOINTLY CONTROLLED BY CACEIS AND SANTANDER GROUP.IT IS ESTIMATED THAT THE COMBINATION OF CACEIS GROUP AND THE S3 GROUP WILL RESULT IN A CAPITAL GAIN OF ABOUT EUR 700 MILLION FOR SANTANDER.TRANSACTION TO HAVE SLIGHTLY POSITIVE IMPACT (3 BASIS POINTS) IN CET 1 AND WOULD BE SLIGHTLY ACCRETIVE IN ORDINARY EARNINGS PER SHARE.THE GROUP EXPECTS TO APPLY THE REFERRED CAPITAL GAIN TO EXTRAORDINARY CHARGES AND PROVISIONS.IF FINAL AGREEMENT IS REACHED, THE COMPLETION OF THE TRANSACTION IS EXPECTED TO TAKE PLACE IN 2019.  Full Article

Ardian Entered Exclusive Talks With A View To Sell c.50 Pct Stake In Indigo Group
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Muenchener Rueckversicherungs Gesellschaft AG in Muenchen ::ARDIAN- HAS ENTERED EXCLUSIVE TALKS WITH A VIEW TO SELL C.50 PERCENT STAKE IN INDIGO GROUP.ARDIAN- IN TALK WITH FUND MANAGED BY MIROVA, AN AFFILIATE OF NITIXIS INVESTMENT MANAGERS.ARDIAN- FUND MANAGED BY MIROVA WOULD BUY A C.35 PERCENT STAKE IN INDIGO GROUP ALONGSIDE ASSET MANAGER OF MUNICH RE AND ERGO.ARDIAN- CREDIT AGRICOLE WILL RETAIN STAKE IN INDIGO GROUP.  Full Article

Banco BPM profit loss from consumer credit deal below 5 mln euros/yr-CEO
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Banco BPM CEO Giuseppe Castagna tells analyst call::PROFITABILITY LOSS FROM CONSUMER CREDIT DEAL LOWER THAN 5 MILLION EUROS A YEAR.  Full Article

Credit Agricole Assurances In Talks To Buy Charterhouse's Comexposium Stake
Monday, 26 Nov 2018 

Nov 26 (Reuters) - Credit Agricole SA ::SAYS ENTERS EXLUSIVE TALKS WITH CHARTERHOUSE CAPITAL PARTNERS.SAYS IN TALKS TO PURCHASE CHARTERHOUSE'S COMPEXPOSIUM STAKE.  Full Article

Credit Agricole and Bankia in talks over consumer finance JV in Spain​
Wednesday, 7 Mar 2018 

March 7 (Reuters) - Credit Agricole ::‍CRÉDIT AGRICOLE CONSUMER FINANCE AND BANKIA ARE IN EXCLUSIVE NEGOTIATIONS TO SET UP A PARTNERSHIP IN CONSUMER FINANCE IN SPAIN​.CREDIT AGRICOLE AND BANKIA SAY EXCLUSIVE NEGOTIATIONS AIM TO ESTABLISH A JOINT-VENTURE IN CONSUMER FINANCE BUSINESS IN SPAIN.CRÉDIT AGRICOLE SAYS PARTNERSHIP AIMS AT ACCELERATING THE SETTING UP OF ITS PRESENCE IN SPAIN, THE FOURTH LARGEST CONSUMER FINANCE MARKET IN THE EUROZONE.IT SAYS PARTNERSHIP WOULD PROVIDE BANKIA WITH A SUBSIDIARY DEDICATED TO CONSUMER FINANCE AND ADD A GROWTH MARKET TO ITS PORTFOLIO OF BUSINESS ACTIVITIES IN SPAIN​.  Full Article

Credit Agricole Said To Start $7.5 Bln Italy Loan Sale - Bloomberg
Friday, 16 Feb 2018 

Feb 16 (Reuters) - Credit Agricole Sa ::CREDIT AGRICOLE SAID TO START $7.5 BILLION ITALY LOAN SALE - BLOOMBERG, CITING SOURCES‍​.  Full Article

Natixis Sells Its Stake In CACEIS To Crédit Agricole
Tuesday, 26 Dec 2017 

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.  Full Article

Credit Agricole Completes Acquisition Of Three Italian Savings Banks
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - CREDIT AGRICOLE SA ::CREDIT AGRICOLE SA : ACQUISITION OF THREE ITALIAN SAVINGS BANKS COMPLETED.ACQUISITION OF 95.3% STAKE IN EQUITY OF EACH OF THREE SAVINGS BANKS IN CESENA, ITALY'S INTERBANK DEPOSIT INSURANCE FUND.PORTFOLIO OF NON-PERFORMING LOANS TOTALLING AROUND 3 BILLION EUROS GROSS HAS BEEN SECURITISED.  Full Article

French bank Credit Agricole to remove its 'loyalty dividend' clause
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - Credit Agricole Sa ::* European Central Bank (ECB) required Crédit Agricole S.A. to remove the loyalty dividend bonus clause from its articles of association by September 2018..* Crédit Agricole S.A. will comply with the ECB's request by submitting a proposal to the General Meeting of Shareholders to be held on 16 May 2018 to remove the loyalty dividend bonus clause from its articles of association. A Special Meeting for Shareholders entitled to the loyalty dividend will be held on 4 April 2018..* Crédit Agricole S.A. is currently considering compensating the beneficiaries of the loyalty dividend clause.* Only 6% of ordinary shares are currently eligible for the loyalty dividend, which represented an additional payout of €10 million last year .  Full Article

Wirecard, Credit Agricole unit in exclusive negotiations to cooperate
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Wirecard AG ::CRÉDIT AGRICOLE PAYMENT SERVICES AND WIRECARD ENTER INTO EXCLUSIVE NEGOTIATIONS TO CONCLUDE A PARTNERSHIP.  Full Article

Deals of the day-Mergers and acquisitions

April 17 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday: