Tuesday, July 26, 2016

Bloomberg: UniCredit is considering a total output of Pekao – Puls Biznesu

UniCredit spokesman declined to comment on, and Bloomberg points out that such a step is taken seriously into consideration by the new President of the Jean Pierre Mustiera, like the issue of shares with a value of EUR 5 billion, directed to existing shareholders. It is also not excluded the rest of the sale of shares in FinecoBanku and a significant part of the portfolio of bad loans. No binding decisions have been taken, however, and the plan may change.

At the beginning of July, UniCredit sold 10 per cent. Pekao and Fineco, by collecting a total of more than $ 1 billion.

Held UniCredit is 40.1 percent. Pekao. The package is valued at 13.4 billion zł.

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