Poland Focuses on Buying UniCredit Unit Before Raiffeisen’sBy and
Takeover of Pekao is the government’s priority, minister says
Deadline for final bids for Raiffeisen unit passed on Tuesday
The Polish government’s drive to boost domestic ownership of banks is focused on taking over UniCredit SpA’s unit, a minister said on Tuesday. The deal may be structured in a way that avoids triggering a mandatory bid for a majority in Bank Pekao SA, according to people familiar with the plans.
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