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Home > Headlines > Societe Generale agrees to sell local unit to State of Cameroon

Headlines

Societe Generale agrees to sell local unit to State of Cameroon

Published by Global Banking and Finance Review

Posted on July 15, 2025

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(Reuters) -Societe Generale has agreed to sell its Cameroon subsidiary to the State of Cameroon, the France-based international banking group said on Tuesday.

The sale, for which the price was not disclosed, will cover more than 58% shares in the subsidiary, pushing the stake held by Cameroon to 83.7%.

(Reporting by Mateusz Rabiega in Gdansk, editing by Milla Nissi-Prussak)

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