This Alior Bank bought from Italian
UniCredit 10 percent. Bank Pekao – tells “Gazeta Poland
Every day. “The reports quickly denied the President of Alior, Wojciech Sobieraj.
That would also – according to “Gazeta Polish Daily” – announced the beginning of the PiS government action repolonizacji operating in the country banks. The newspaper reminds that the day before suggested that it PZU bought for 3.3 billion stake in Bank Pekao from having huge problems of the Italian group UniCredit.
“GPC” learned, however, from unofficial sources that actually Polish the insurer was behind this transaction because it is controlled by PZU Alior Bank took over from the Italians 10 percent. stake in Pekao. Official stresses that PZU has become “armed wing” repolonizacji banks.
Confirmation of the information provided by the “GPC” in vain, however, to look at the messages ESPI companies that were alleged to be involved in the transaction. 08.00 after Reuters published a notification from the President of Alior Bank Wojciech Sobieraj called the newspaper reports as “ false “.
“denies the information. It is not true that Alior Bank bought 10
percent. Pekao. We did not participate in the transaction “ – said
PAP Dariusz Kozdra the press office of Alior Bank.
UniCredit sold about 10 percent. Pekao
On Tuesday, UniCredit sold in the ABB approx. 10 per cent. Pekao shares for
approx. 3.3 billion zł (749 million euros) – UniCredit announced in a press release.
For institutional investors went approx. 26.2 million shares at 126
zł per unit.
After the transaction, UniCredit will continue to hold a controlling stake in
Pekao, which corresponds to 40.1 percent. of the share capital of the company. Lock-up
for the remaining shares is 90 days.
Currency Pekao after the information fell. The market feared further
supply of securities of the company in the future. Analysts who spoke to
PAP, did not rule out that among the considered future scenarios is
Pekao sale of the whole package.
Michal Konarski, an analyst at DM mBank, asked then whether to purchase
the remaining package Pekao could be tempted to PZU, he said: “According to me
PZU not afford such a large purchase at this time. Nor is there to
rational. Previous PZU investments in the banking sector
based on the assumption purchase 2-3 banks, which will then be
connected. The insurer would buy most inefficient banks after
is to obtain cost synergies. I can not imagine that PZU bought
efficient bank, which is Pekao SA. This does not justify
investment. “
“It seems to me that the very idea of buying the bank Pekao SA shareholders
PZU you rate very negative, especially since it would reduce the
dividend from PZU. It seems that the plan in itself would not be too
reasonable “- he added.
Morawiecki: Domestication banks an important part of the PiS
The program PiS assume that how will such opportunities
market, it will try to increase the participation of Polish institutions in the
the banking sector – said PAP deputy Mateusz Morawiecki commenting
UniCredit’s announcement. sales to 10 percent. Pekao.
“How are you this opportunity, it will definitely be
ago they watched with great attention and do not exclude any scenario “-
Morawiecki said.
“You can see that decision as to changes in the shareholding Pekao SA started
a. The program PiS assume that how will these market opportunities,
it will try to increase the participation of Polish institutions in the sector
banking, so domestication of banks is a very important part for us
program, “- he stressed.
As noted, a possible investor in Pekao SA could not be PKO
BP. “PKO BP as the number one on the market could take over Pekao SA, which
is the position of number two, because of the behavior of competition in the market -
PKO BP in conjunction with Pekao SA would be too dominant. So
if such opportunities arise, then you need to use other entities “-
Morawiecki said.
sp /
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