Credit Agricole Moves To Bolster European Operations
Credit Agricole will sell Djibouti-based Banque Indosuez Mer Rouge to Bank of Africa for an undisclosed amount, the companies said in a joint statement.
The deal, which still faces regulatory approval, could close before the end of 2010, they said.
The disposal is also part of Bank of Africa's “long-term strategy of extending its...
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