Takeover rumors for Societe Generale SA are resurfacing now that Daniel Bouton handed the role of CEO over to Frederic Oudea, formerly finance director and deputy chief executive at the bank.
Societe General seemed to be a natural target for rival BNP Paribas SA, but apparently BNP's CEO is now saying a merger would not create value
and the company is not likely to bid any time soon. A tie-up of BNP
Paribas and Societe Generale would elevate the combined company to the status of the
second-largest bank in Europe. - Maria Woehr
Inside The Deal: Linklaters' Schmidt says how regulators handled Pfizer Inc.'s acquisition of Wyeth is an outlier of how others merger reviews will be conducted.
