Bankgesellschaft Berlin to invest in BIG Bank Gdanski?

It is possible that BIG Bank Gdanski, previously to be taken over by Deutsche Bank, will instead acquire a different German investor, Bankgesellschaft Berlin (BGB). The German bank has officially reported the purchase of 4.95% of BIG BG shares from Julius Bear bank investment funds and is now involved in talks to increase its stake in the Polish bank, which is now controlled by Banco Comercial Portugues and Eureko. According to BGB authorities the entire transaction would be a cooperative venture with other BIG BG investors. So far BGB has not officially applied to Polish banking supervisory authorities for approval to buy a stake giving it more than 10% of votes at general shareholders' meetings. This however may not prove to be any obstacle whatsoever, since it has recently been reported that someone has been buying BIG BG shares, allegedly on behalf of BGB. The German bank may count on buying additional shares held by Deutsche Bank, which had purchased them earlier from PZU Zycie. (Prawo i Gospodarka, p. 9)