by Calculated Risk on 10/05/2008 03:54:00 PM

From L'Echo: La reprise de Fortis Banque par BNP est bouclée (hat tip Alain)

Alain translates: The "Belgian government keeps a 25% minority (blocking) stake in Fortis Banque Belgium and obtains 10% of BNP Paribas in an all share deal. Luxembourg keeps 33% stake in local subsidiary and gets 1.4% of BNP".