TABLE-Polish banks set for cash and shares from Visa deal

December 28, 2015 5:29 PM

20 0

(Adds Handlowy estimates) Dec 28 Polish lenders stand to gain an injection of cash and Visa Inc shares after the world's largest payments network buys its subsidiary Visa Europe, of which local banks are among the members.

Visa said last month it would buy Visa Europe for up to $23.3 billion. Below is a summary of Polish banks' estimates of how much they expect to receive from the deal, expected to be finalised in the second quarter of 2016: Lender Owner Cash Visa shares (mln euros) ING BSK ING 31 11 B. Millennium BCP...

Also read: TD Ameritrade buying rival Scottrade for $4 billion

Read more

To category page