Dexia private bank sold to Qatar and Luxembourg

2011-12-20 23

Qatar's royal family is to buy 90 percent of bailed-out Dexia's private banking arm as the Franco-Belgian group is broken up. The rest will be purchased by the Luxembourg government. The price for Banque Internationale Luxembourg (BIL) is 730 million euros, less than analysts had estimated. ... http://www.euronews.net/