Tuesday, July 26, 2016

UniCredit is considering selling the entire stake in Pekao – Onet.pl

Part of the UniCredit Pekao stake currently worth around 5 billion. Italian bank needs the funds to increase their capital.

According to informants Bloomberg, the new CEO of UniCredit, Jean Pierre Mustier looking ways to full exit from Polish. A spokesman for UniCredit declined to comment.

UniCredit several days ago sold through an accelerated bookbuilding 10 percent. Pekao. According to unofficial information, the shares bought mainly by foreign investors. Italian bank declared then, that for the next 90 days will not be re-sold shares of Pekao.

The interest in the acquisition of Pekao He signaled recently president of PZU Michael Krupiński. The deal could be done eg. Through belonging to the PZU Alior Bank, but no details were not disclosed.

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