In France, the CREDIT AGRICOLE launched a public takeover bid of nearly EUR 20 billion on CREDIT LYONNAIS of which it is the main shareholder with 17.79% of the capital and 18.62% of voting rights. If successful, the operation will create a new heavyweight in the banking sector, rivalling BNP PARIBAS. Shareholders of CREDIT LYONNAIS will either exchange four of its shares for five CREDIT AGRICOLE shares plus EUR 148.24, or EUR 56 for every CREDIT LYONNAIS share, or 37 CREDIT AGRICOLE shares...