Exane and BNP Paribas to join forces

Exane is a partnership, and in a statement it said that under the new structure both parties will have an equal stake in the new set-up. But Exane’s partners will have a majority of the voting rights.

The new business will trade under the name Exane BNP Paribas. The aim is to have the new company up and running by the first quarter of 2004, said Exane.

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