Deals Rumor Mill: Banque Populaire, PepsiCo, Fujitsu

Law360, New York (April 30, 2013, 11:52 AM EDT) -- France’s Banque Populaire Group unloaded its Bank of Queensland Ltd. stake in a $277 million deal, the Wall Street Journal reported on Tuesday. The stock priced at $10.10 a pop, a 2.3 percent discount to the shares’ Monday closing price. Before the transaction, the French cooperative had been the Australian bank’s biggest shareholder, holding an 8.7 percent interest. Bank of America Merrill Lynch served as underwriter in the deal.

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