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Belfius Shares: Government Opts Primarily for an Easy Solution with Private Placement
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The federal government has decided to sell 20 percent of its stake in Belfius. A private placement was chosen, not an IPO. This decision was certainly taken in consultation with Belfius's top management. Belfius Bank & Insurance, known as Dexia Belgium until March 1, 2012, is a Belgian bank-insurance group based in Brussels. Marc Raisière, the bank's CEO, is aware that his bank is worth significantly more than the 4 billion euros the Belgian sta…
·Antwerp, Belgium
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