BCP shrunk its shares in Millennium by over 15%
15:06
Banco Comercial Português (BCP) sold 15.41 percent of its shares (186.98 million) in Polish lender Millennium Bank. The Portuguese lender owns now 50.1 percent of the entire holding, the firm informed.
Each share was valued at PLN 6.65. Transaction was conducted through accelerated book-building formula.
BCP informed about its plans towards Millennium at the end of March.
Millennium Bank has been operating in Poland since 2003.
