Royale Belge SA sold its 3.75% stake...
Royale Belge SA sold its 3.75% stake in Societe Generale de Belgique SA to Banque Generale du Luxembourg. A spokesman for Royale Belge, a leading Belgian insurance company, declined to disclose terms of the sale. Societe Generale, Belgium’s largest holding company, is the target of a hostile takeover bid by Italian financier Carlo de Benedetti.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
