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Crédit Agricole's public offer for Crédit Lyonnais met with great success
Provisional figures that the ‘Conseil des Marchés Financiers' has just released, indicate that Crédit Lyonnais shareholders have, by and large, tendered their shares to Crédit Agricole S.A.'s and Sacam Développement's combined public offer in cash and shares. Potentially, Crédit Agricole would now own more than 97.5% of Crédit Lyonnais' capital and voting rights.[...]