14:10 19 September 2023
Post by: WBJ

At least three US investment funds are interested in buying VeloBank

At least three US investment funds are interested in buying VeloBank
Source: Pixabay

At least three large investment funds from the USA are interested in buying VeloBank, the vehicle for healthy assets of Getin Noble Bank, Business Insider Polska reported. "Cerberus, JC Flowers, and Warburg Pincus are entities that may take part in this process," the daily wrote. However, none of the funds commented on the potential deal.

Earlier this week, Business Insider reported that one of the richest Poles Michał Sołowow, is interested in taking over VeloBank. While Sołowow has expressed preliminary interest in acquiring VeloBank, it remains uncertain whether he will submit a binding purchase offer by the end of September.

(ISB News)

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