BZ WBK to buy Deutsche Bank’s Polish assets for PLN 1.3 bln

WSE-listed lender BZ WBK has signed a deal to buy Deutsche Bank’s Polish assets for PLN 1.29 billion. The deal will not cover DB’s FX mortgage portfolio as well as corporate and investment banking operations and its retained cost base. BZ WBK will pay 20 percent in cash and 80 percent in new shares. Some…

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