News Headline Summary

Societe Generale (GLE FP) says to write down part of EUR 384mln goodwill relating to Newedge stake

- Expects to take Q4 charge of more than EUR 605mln from own debt appreciation.

Reaction details (15:56)

- Co. shares are unmoved in reaction to the news; trades EUR 32.43 (-3.15%) last.

16 Jan 2013 - 15:53 - Equities - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: