BRUSSELS (Reuters) - BNP Paribas agreed with the governments of Belgium and Luxembourg on Sunday to take control of the key remaining assets of troubled financial group Fortis , Belgian media reported.
RTBF radio and De Tijd newspaper's website said the French banking group would take a 75 percent stake in FORTIS <:FORB.BR:>(FORA.AM)Bank Belgium and 67 percent of Fortis Bank Luxembourg in a share swap with the two governments, which would get stakes in BNP Paribas.
The Belgian and Luxembourg governments would keep blocking minorities of 25 percent and 33 percent respectively in the banks in their countries, the reports said. BNP Paribas would also take over Fortis Insurance Belgium and Fortis Investments, the wealth management arm of the group.
BNP Paribas said it had no immediate comment on the Fortis situation. There was no immediate confirmation from either government.
(reporting by Paul Taylor and Ingrid Melander, writing by Paul Taylor, editing by Krisztina Than)
