Following the pause in BNP’s bid for Fortis assets, the French bank released a statement:
Given the ruling by the Brussels Court of Appeal on December 12th, 2008, the acquisition of a stake by BNP Paribas in Fortis Banque cannot proceed according to the timetable initially envisaged.
As a result, the shareholders’ meeting convened on December 19th, 2008, will no longer take place.
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