Financial Supervision Commission estimates that PZU’s request for permission to take over the shares of Alior Bank can be considered two-three months – told PAP Wojciech Kwasniak, deputy chairman of the Financial Supervision Authority.
“Application of PZU on acquisitions, which is a suite of control, will be analyzed. If it is complete, consideration of such an application takes two to three months” – said on Monday PAP Kwaśniak.
PZU Saturday signed a preliminary agreement to buy 25.25 percent. Alior Bank shares for 1.63 billion zł.
The agreement was concluded subject to obtaining required approvals by the Polish Financial Supervision Authority, the OCCP and the Antimonopoly Committee of Ukraine. In the absence of approvals to 31 March 2016. Contract expires. (PAP)
seb / JTT /
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