Societe Generale accelerates retreat from Africa with Guinea unit sale
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 20 2024
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Should l Buy ?
Source: SeekingAlpha
Societe Generale's Sale: Societe Generale has agreed to sell its Guinea subsidiary to Atlantic Financial Group, continuing its strategy to reduce operations in Africa.
Strategic Shift: This move is part of the French bank's broader efforts to streamline its presence on the continent.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
