BRUSSELS, May 3 (Reuters) - 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 previously.
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)