Bank Pekao, subsidiary of Unicredit and second bank in Polandwould be interested in Bank Bph, another listed Polish bank sold by UniCredit (its entire 65,9% stake) to the American General Electric in 2008 for antitrust reasons as part of the merger with Hvb-Creditanstalt. This is what the Polish daily 'Puls Biznesu' writes, explaining that Pekao is carrying out the due diligence on Bank Bph, listed on the Warsaw Stock Exchange since January 1995 (+3,02% at 31 zlotys today) and put up for sale by Ge in October 2014.
The candidates running for Bank Bph were initially four, according to the newspaper, but Ge withdrew from making a shortlist due to offers deemed unsatisfactory. According to rumors from this summer, Pzu, the leading Polish insurance group, and Getin Holding, remained in the running investment company of Polish billionaire Leszek Czarnecki, but Ge later announced that it had broken off negotiations with Pzu. According to the Bank Pekao newspaper, you would like to leave Bank Bph's Swiss franc loans out of the possible transaction.
