Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

QNB Being Advised by JPMorgan on Egypt Bank Buy, Reuters Reports

Sept. 2 (Bloomberg) -- Qatar National Bank SAQ has hired JPMorgan Chase & Co. to advise on its planned acquisition of a majority stake in Societe Generale SA’s Egyptian unit, Reuters reported, citing sources it didn’t identify.

Societe Generale, which owns 77.2 percent of Egypt’s National Societe Generale Bank SAE, is being advised by Morgan Stanley on the sale, the newswire said, citing the sources. A phone message left at with the Doha-based bank spokesman’s office was not immediately returned.

To contact the reporter on this story: Arif Sharif in Dubai at asharif2@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.