SOCHI, Russia, Dec 25 (Reuters) - Vladimir Potanin, the billionaire co-owner of Russian mining giant Norilsk Nickel , said on Friday he might get a minority stake in French bank Societe Generale after 2010.
'We have a strategic plan to become a shareholder of Societe Generale, after a while. Our French partners are favourably disposed towards this idea and invite us to join the bank's shareholder list,' Potanin told reporters.
Societe Generale plans to consolidate its Russian assets that include Delta Bank, Rusfinansbank and a 65 percent stake in Rosbank, which is co-owned by Potanin's holding company Interros.
'I think this consolidation will be held on the basis of Rosbank,' Potaning said adding that the consolidation was likely to be held in 2010.
'We are interested in becoming a shareholder of SocGen but how exactly, when and to what extent...is a matter of 2011.'
(Reporting by Darya Korsunskaya; writing by Maria Kiselyova; editing by Dmitry Solovyov) Keywords: SOCGEN POTANIN/ (maria.kiselyova@reuters.com, +7 495 775 12 42, Reuters Messaging: maria.kiselyova.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'We have a strategic plan to become a shareholder of Societe Generale, after a while. Our French partners are favourably disposed towards this idea and invite us to join the bank's shareholder list,' Potanin told reporters.
Societe Generale plans to consolidate its Russian assets that include Delta Bank, Rusfinansbank and a 65 percent stake in Rosbank, which is co-owned by Potanin's holding company Interros.
'I think this consolidation will be held on the basis of Rosbank,' Potaning said adding that the consolidation was likely to be held in 2010.
'We are interested in becoming a shareholder of SocGen but how exactly, when and to what extent...is a matter of 2011.'
(Reporting by Darya Korsunskaya; writing by Maria Kiselyova; editing by Dmitry Solovyov) Keywords: SOCGEN POTANIN/ (maria.kiselyova@reuters.com, +7 495 775 12 42, Reuters Messaging: maria.kiselyova.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.