BRUSSELS May 3 Belgium plans to sell a quarter
of the stake it holds in French financial group BNP Paribas
, the Belgium finance ministry said on Wednesday.
The country, which acquired the stake in 2008 as a result of
a bailout of Belgian group Fortis, said it would bring back its
stake in BNP Paribas to 7.8 percent from 10.3 percent
Belgium bought Fortis for 9.4 billion euros ($10.26 billion)
and sold 75 percent to BNP Paribas.
The finance ministry added that it would know at a later
stage how much it received from Wednesday's share sale.
($1 = 0.9163 euros)
(Reporting by Robert-Jan Bartunek, editing by Robin Emmott)