La Banque Postale will launch its withdrawal offer in the coming days


( — La Banque Postale welcomes the success of the simplified public tender offer targeting the shares CNP Assurances.

The final results of the OPAS, published on Friday June 3 by the Autorité des Marchés Financiers (AMF) show that La Banque Postale directly holds 671,412,118 shares representing 97.79% of the capital and 98.56% of the voting rights. of CNP Assurances. Consequently, La Banque Postale will submit a request in the coming days to implement a squeeze-out procedure with the AMF, in order to transfer the CNP Assurances shares not tendered to the Offer.

The squeeze-out will be carried out under the same financial conditions as the simplified tender offer, ie 20.90 euros per CNP Assurances share, dividend of 1 euro ex-dividend. It will be the subject of an AMF opinion.

“The success of this Public Offer is a major step in the creation of the large public financial center announced by the Minister of Economy and Finance in 2018. This new transforming page of the La Banque Postale group is part of the strengthening of its model of international bank-insurer in development on all its markets. We are delighted to be able to count on the commitment of all the employees of La Banque Postale and its subsidiaries to carry out our ambitious development project at the service of all our customers, employees and partners. “, comments Philippe Heim, Chairman of the Management Board of La Banque Postale.


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