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3 Min Read PARIS (Reuters) -Societe Generale is in exclusive talks to sell most of asset manager Lyxor to Amundi for 825 million euros ($979 million) and complete the French bank’s corporate restructuring while boosting Amundi’s market share. FILE PHOTO: A Societe Generale sign is seen outside a bank building in Paris, France, February 9, 2021. REUTERS/Sarah Meyssonnier/File Photo SocGen said on Wednesday that the capital gain from the Lyxor sale would be around 430 million euros, adding that the transaction would conclude the “refocusing programme” it launched in 2018. CEO Frederic Oudea is revamping SocGen’s markets business and exiting some areas after losses in structured products wiped out earnings at its equities business in the first half of last year.

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