Saturday, April 2, 2016

MICHAŁ KRUPIŃSKI Krupiński: the acquisition of BPH is a good investment – Republic

What you have failed to master predecessor, it failed to you. BPH is in the hands of PZU.

Successful acquisition of Bank BPH is thanks primarily the Board of Alior Bank, who negotiated the acquisition. Of course, PZU supports the transaction and I would like to thank the members of the Management Board of PZU Supervisory Board, who unanimously supported the transaction Alior Bank following the course of PZU interest as a shareholder.

… that almost a year is under the control of PZU.

the new management Board of PZU on the Alior Bank has three outputs. We could be owned by one bank package, ie. Variant of the status quo. Alior, however, needs capital to continue to expand at a rapid pace. We could also theoretically consider selling the purchased shares last year. This option would, however, difficult from the point of view of valuation, regulatory and market.

The third option was to take part in the project under the title repolonizacja banking sector.

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