Agricaisse S.C.R.L., Cooperatieve Deposito En Kredietkas Voor De Landbouw CVBA Lanbokas and Fédération des Caisses du Crédit Agricole agreed to acquire remaining 50% stake in Crelan S.A. from Credit Agricole S.A. (ENXTPA:ACA), Caisse Regionale de Credit Agricole Mutuel du Nord Est and Crédit Agricole Nord de France (ENXTPA:CNF) on April 22, 2014. Crelan reported net income of €45.2 million in 2013. The transaction is expected to close by June 22, 2015.

Alain Garnier, Thierry Riguet, Arnaud Coibion, Sacha Lévy, Gilles Nejman, Laura Bonamis, Adeline Roboam, Mia Dassas and Michael Heene of Linklaters LLP (France) acted as legal advisors for Credit Agricole SA. Lazard Ltd. and Econopolis NV acted as financial advisors and Allen & Overy LLP acted as legal advisor for Crelan.