Polish insurer PZU in contention for Alior Bank stake-report

April 23, 2015 6:50 AM

60 0

WARSAW, April 23 (Reuters) - Poland's PZU, eastern Europe's top insurer, is vying to acquire a major stake in local lender Alior Bank with a view to building a banking arm with over 115 billion zlotys ($31 billion) in assets, newspaper Puls Biznesu said on Thursday.

According to the newspaper, state-controlled PZU has entered the race for the 25.3 percent stake in Alior which has been put up for sale by Carlo Tassara, the holding company for French financier Romain Zaleski.

Also read: Disney raises its bid for Fox to $71 billion

Read more

To category page