Bank offer may be extended

Alan Heath
opublikowano: 2001-07-16 00:00

Bank offer may be extended

Today the offer of Raiffeisen Zentralbank to buy a 25.7 percent stake in Bank Pocztowy will cease to be valid. Nonetheless the Austrians want to extend the deadline for a month at the same time as increasing the valuation of the bank meaning that they will pay over PLN205m for their stake.