Sunday, October 16, 2016

Bank Pekao again in Polish hands? PZU and its arrangement with … – cable Republic

UniCredit has agreed with the ROM important issues about the sale of part of its shares in Bank Pekao. According to the “Wall Street Journal” 30-percent stake in Bank Pekao will cost ROM 11 billion.

“Wall Street Journal” reports that UniCredit have agreed with ROM basic parameters for the sale of its shares in Bank Pekao. Not officially confirmed this information, none of the parties to the negotiations. The deal will cover 30 percent stake, Bank Pekao, PZU which to pay the fine. 11 million.

ROM dated 28 September talks with UniCredit about the redemption of the shares in Bank Pekao. The Italians desire to sell shares of Express, however, at least since July. Originally auctioned at the 10 percent stake is worth about. 750 million euros, however, often there is also speculation that UniCredit decides to sell all its shares in Bank Pekao – this is normal. 40%. The Italians depend on spieniężeniu share, mainly due to problems in the domestic market.

PZU for some time trying repolonizować banking in our country. After the acquisition of a PZU Alior began to speak about the seizure of Bank Pekao or Raiffeisen Polbank. During the talks with UniCredit summary should appear at the beginning of November. Currently, the ROM may be available up to 9 billion rubles. If you exceed the transaction with UniCredit the remaining amount you can pay Russian Development Fund.

Source: wsj.com

LikeTweet

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...