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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Reebok Intl | NYSE:RBK | NYSE | Ordinary Share |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Nov 2019 to Nov 2024
WARSAW--Poland's second largest bank by assets Bank Polska Kasa Opieki S.A. (PEO.WA) is interested in acquiring Bank Gospodarki Zywnosciowej S.A. (BGZ.WA), a local unit of Dutch Rabobank, daily Parkiet wrote Wednesday quoting unnamed sources.
However, the offer from the bank that is also known as Pekao, and which is owned by the Italian UniCredit S.p.A. (UCG.MI), is "rather low," the daily adds.
Pekao's chief executive Luigi Lovaglio said during a press conference Tuesday the bank will be looking at all the available takeover opportunities in Poland.
Poland's banking sector is consolidating, with Pekao's main rivals buying smaller lenders. The country's largest bank PKO BP recently acquired local unit of Scandinavian Nordea while Banco Santander's unit BZ WBK acquired Kredyt Bank.
Dutch Rabobank recently said it is "seeking strategic options" for its Polish unit.
Newspaper website: www.parkiet.com
Write to the Warsaw bureau at djnews.warsaw@dowjones.com
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