Societe Generale said it is partnering with India's Burman family to buy 75 pct of Indian consumer credit company Apeejay Finance
Media Release
Jul. 5, 2006

Societe Generale said it is partnering with India's Burman family to buy 75 pct of Indian consumer credit company Apeejay Finance from Apeejay Surrendra Group, which will retain the remaining 25 pct.

Details of the partnership and the value of the transaction were not disclosed. Societe Generale said the acquisition gives it a position in the rapidly growing market for consumer credit in India, and that it expects Apeejay Finance to become a market leader.

Societe Generale said it is partnering with India's Burman family to buy 75 pct of Indian consumer credit company Apeejay Finance
Media Release
Societe Generale said it is partnering with India's Burman family to buy 75 pct of Indian consumer credit company Apeejay Finance from Apeejay Surrendra Group, which will retain the remaining 25 pct.
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