“This justification is incomprehensible, given the fact that BZ WBK (...) is a well-capitalised stock-listed firm, which is not involved in risky euro zone markets, (...) whose operations are not dependent on financing and support from Santander,” …
... the merger of BZ WBK with Kredyt Bank to form Poland's number three bank, placed over 20% of the bank on the Warsaw Stock Exchange through a Euro 1.2bln secondary IPO and led the acquisition of a controlling stake in …
Poland's Financial Supervision Authority said Friday it had approved a deal to cement the takeover by Spain's Santander group of Irish bank AIB's Polish arm Bank Zachodni WBK. "The PFSA has ... are traded on the Warsaw Stock
The stock has fallen 11% this year, underperforming the Johannesburg benchmark. Britain is South Africa’s fourth-biggest export market. Bank Zachodni WBK SA and Bank Pekao SA would face bigger losses from any government decision …
Banco Santander and KBC Bank have completed the placement of 19,978,913 shares of Bank Zachodni WBK at a final price of Zlotys245 per share, amounting to a total of €1,171m. Santander sold 4,852,949 shares, equal to 5.2% of BZ …
By 09:19 GMT BZ WBK shares rose by 1.5 percent on the Warsaw stock exchange, while the main bourse index was down 0.3 percent. Analysts said that most probably Aviva, in executing its buy option, valued the joint venture stakes …
BZ WBK shares jumped by more than 5 percent after the announcement of the deal. The index of Warsaw-listed banks stocks rose 0.9 percent, approaching the 2-1/2-year high reached late last month, while Warsaw's bluechip index was …