BNP Paribas takes control of Fortis in Belgium, Luxembourg
BNP Paribas announced Sunday that it is taking control of ailing finance group Fortis's operations in Belgium and Luxembourg, in a deal which will make Belgium the largest shareholder in the French bank.
Fortis Holding confirmed Wednesday that it has restarted talks with the Belgian government and French bank BNP Paribas over the terms under which the group was dismantled.