Apax acquires BNP Paribas Personal Finance Belgium
Apax has agreed to acquire BNP Paribas Personal Finance Belgium from BNP Paribas.
The divestment will enable BNP Paribas to meet requirements of the European Commission concerning its acquisition of Fortis.
BNP Paribas Personal Finance Belgium manages around €500m in consumer credit for 300,000 clients, focusing on cards and consumer loans, and has 200 employees.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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