French banking major Societe Generale is reportedly planning to buy a 26% stake in Polish lender Alior Bank from its biggest shareholder Carlo Tassara.
Polish billionaire Leszek Czarnecki is too keen to buy stake in the bank, Bloomberg reported citing undisclosed sources.
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However, the potential suitors have not reached a final decision, the report said.
The stake held by Carlo Tassara amounts to nearly PLN 1.43bn ($390m).
Carlo Tassara is looking to sell assets to reduce debt and is seeking a strategic investor for Alior Bank since the bank’s PLN 2.1bn initial public offering in 2012. Poland’s financial supervisor had extended the deadline for the sale to June 2016 last year.
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