The French regulator, Autorité des Marches Financiers, has handed out a fine of €500,000 ($590,000) to Eurazeo, the French private equity group, and a second of €350,000 to Exane, the brokerage arm of BNP Paribas, for share price manipulation.

In a statement, the AMF said the fines dated back to events five years ago when Eurafrance and Azeo merged to become Eurazeo.