Erste Group Bank Launches Tender Offer For Erste Bank Polska At 713.6 Zlotys Per Share
Nov 2 (Reuters) -
ERSTE GROUP BANK LAUNCHES TENDER OFFER FOR ERSTE BANK POLSKA SHARES AT PLN 713.60 PER SHARE - OFFER DOCUMENT
TENDER OFFER TARGETS 52.1 MLN SHARES, REPRESENTING ABOUT 51% OF ERSTE BANK POLSKA'S SHARE CAPITAL - OFFER DOCUMENT
ERSTE GROUP BANK CURRENTLY HOLDS DIRECTLY AND INDIRECTLY ABOUT 49% OF TARGET'S SHARES - OFFER DOCUMENT
ERSTE GROUP BANK INTENDS TO RAISE ITS STAKE TO A MAXIMUM OF 75%, KEEPING FREE FLOAT AT NO LESS THAN 25% IN LINE WITH COMMITMENT TO POLISH REGULATOR - OFFER DOCUMENT
SUBSCRIPTION PERIOD FOR TENDER OFFER TO RUN FROM NOV 3 TO DEC 2, 2026 - OFFER DOCUMENT
Further company coverage: ERST.VI EBP.WA