BNP Paribas backtracks on Anastassiades statement

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FRANCE - BNP Paribas has backtracked on a statement made Wednesday by Michel Anastassiades, global chief executive of subsidiary FundQuest, about the state of negotiations over the Fortis acquisition.

At a press briefing about FundQuest in London yesterday, Anastassiades, who is also on the executive committee of BNP's asset management arm, said officials believe the Fortis shareholders who bloc...

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