Insurance Post

Groupama cuts stake in Société Générale

Societe Generale building

French insurer Groupama has reduced its direct and indirect shareholding in French banking group Société Générale.

Groupama now controls 2.84% of the bank's capital and 4.86% of its voting rights, according to a filing with French financial markets supervisor Autorité Des Marchés Financiers.

The insurer went below

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