Bank Millennium buys Euro Bank

News

06 November 2018

Bank Millennium and Société Générale signed the agreement on the purchase of Euro Bank by Bank Millennium. Under this transaction, Bank Millennium will acquire about 99,79 percent of the shares in Euro Bank for a reference price of PLN 1 833 million. Final price will be adjusted by variation of net asset value of Euro Bank at closing of the transaction. After obtaining the required agreements and approvals this will result in the merger of both institutions in the second half of 2019.  

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