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Orange signs deal to buy 65% of Groupama Banque

2016-04-22 10:00:00| Telecompaper Headlines

(Telecompaper) Orange and Groupama have signed an agreement paving the way for Orange's acquisition of a 65 percent stake in Groupama Banque, concluding exclusive talks that began in January. Groupama will keep the remaining 35 percent of the bank, which is due to be renamed Orange Bank and to launch mobile banking services in France at the start of 2017 before being introduced in Spain and Belgium. 

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