Crédit Agricole to Sell Crédit Agricole Private Equity to Coller Capital

Crédit Agricole S.A. is to sell 100% of Crédit Agricole Private Equity (CAPE) to Coller Capital.

The agreement also include the purchase by Coller of all of the funds managed by CAPE and owned by Crédit Agricole Capital Investment Finance (CACIF), a wholly-owned subsidiary of Crédit Agricole S.A.

The sale is subject to authorization from the competent authorities, which should be obtained in the first quarter of 2012.

According to a written statement, the sale will reduce Crédit Agricole S.A.’s risk-weighted assets by about €900m. The group will continue to provide financing for SMEs through the private equity vehicles owned by the Crédit Agricole Regional Banks, as well as through IDIA, a Crédit Agricole Group partner that provides equity and quasi equity financing to agrifood companies and agribusinesses.



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