Alior shareholders approve takeover issue

The EGM of Alior Bank, held on Friday, approved a resolution on the conditional issue of shares for the purpose of taking over Meritum Bank, according to a statement made after the meeting. A month earlier, a similar resolution did not go through at the lender’s shareholder meeting. In October, Alior Bank announced it had signed an agreement to take over Meritum Bank from Innova Capital and the European Bank for Reconstruction and Development for PLN 352.5 million.