Credit Mutuel May Be Shortlisted for Eurobank Unit, Rp.pl Says

Credit Mutuel Group, a French customer-owned bank, may be one of two bidders shortlisted for a stake in Polbank, the Polish unit of Greece’s EFG Eurobank Ergasias SA, Rp.pl reported, citing a person familiar with the transaction.

Intesa Sanpaolo SpA is the second bidder, the newspaper said, adding that Eurobank wants to choose the Polish unit’s investor in December.

To contact the reporter on this story: Marta Waldoch in Warsaw on mwaldoch@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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