LONDON, Feb 9 (Reuters) - French bank BPCE is looking to launch a takeover bid for the remaining 30% stake in Natixis it does not already own, a source familiar with the matter told Reuters on Tuesday.
BPCE is working with advisers on a takeover proposal which is expected to be disclosed soon, the source said.
BPCE and Natixis declined to comment.
Shares in Natixis are currently suspended from trading ahead of a statement, the French bank said on Tuesday.
The stock closed up by 6.9% on Feb. 8, with traders citing speculation of an upcoming restructuring and dealers buying the stock in anticipation of decent results from Natixis due this week. (Reporting by Pamela Barbaglia; editing by Jason Neely)