Telecoms company Orange to buy Groupama's stake in its online banking unit - NewsBreak
By Bryan in Business
Updated 3 years ago
PARIS, Oct 1 (Reuters) - France's biggest telecoms group Orange said it would buy insurer Groupama's 21.7% stake in Orange Bank, its online banking unit, and also provide the bank with a 230 million euros ($266.4 million) capital increase. "To strengthen the development of Orange Bank, Orange is continuing to...