Credit Agricole Enters Battle For Credit Lyonnais

The battle for control of Credit Lyonnais hotted up today with news that Crdit Agricole has alos increased its stake in the bank from 10.5 per cent to 12.17 per cent by buying shares on the open market. BNP Paribas

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The battle for control of Credit Lyonnais hotted up today with news that Crdit Agricole has alos increased its stake in the bank from 10.5 per cent to 12.17 per cent by buying shares on the open market. BNP Paribas has built up a 16.2 per cent stake in Lyonnais Commerzbank, BBVA, Axa, Intesa BCI and Allianz all have shares in Credit Lyonnais.

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