MEDIA-BNP, CM-CIC, LBP in running for GE European factoring unit -Les Echos

November 24, 2015 8:39 AM

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PARIS Nov 24 ** CM-CIC, BNP Paribas and La Banque Postale are in the running to buy the European factoring division of General Electric, with firm offers expected on Tuesday, Les Echos reported.

** Sources quoted by Les Echos said the offers value the business at between 700 mln euros ($745.2 mln) and 1 bln euros.

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