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The planned asset sales were first announced back in October as part of a bailout plan that would see Dexia broken up and its local-government lending arm merged into a new structure with French state-backed investors.
"Regarding Dexia Asset Management, the process will be launched in a very small number of weeks...We have picked an advisory bank," Pierre Mariani said in an interview. "We have received over thirty (expressions of interest)."
The CEO refused to comment on the reported pull-out of Britain's HSBC (HSBA.L) from the bidding for Denizbank (DENIZ.IS) but said Dexia "should be in a position to make a decision on Denizbank before the end of February."
PARIS |
(Reuters) - Dexia (DEXI.BR)
has received over thirty expressions of interest for its
asset-management arm and hopes to decide on the sale of its Turkish unit
Denizbank by the end of February, the rescued Franco-Belgian bank's
chief executive told Reuters on Monday.The planned asset sales were first announced back in October as part of a bailout plan that would see Dexia broken up and its local-government lending arm merged into a new structure with French state-backed investors.
"Regarding Dexia Asset Management, the process will be launched in a very small number of weeks...We have picked an advisory bank," Pierre Mariani said in an interview. "We have received over thirty (expressions of interest)."
The CEO refused to comment on the reported pull-out of Britain's HSBC (HSBA.L) from the bidding for Denizbank (DENIZ.IS) but said Dexia "should be in a position to make a decision on Denizbank before the end of February."
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