Poland Favors PZU Buying UniCredit’s Pekao Unit, Szalamacha Says

  • Price remains main hurdle, Polish finance chief says
  • Szalamacha says he thinks a PZU, Pekao deal is probable

Poland favors government-controlled insurer PZU SA as the buyer for Bank Pekao SA, the country’s second-largest bank held by Italy’s UniCredit SpA, with the price representing the main hurdle, Finance Minister Pawel Szalamacha said.

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