Credit Agricole finalizes $260 million purchase agreement for 75% Lukas stake
The final agreement by Credit Agricole (CA), one of Frances largest
banks, to purchase a 75% stake in domestic bank Lukas worth $260 million
was supposedly signed on Monday or Tuesday, daily Rzeczpospolita has
learned. According to those involved, the finalization of the purchase
agreement is still several days away. It is also likely that an agreement
will be reached between Enterprise Investors fund and Mariusz Lukasiewicz,
the banks shareholders, and as a result one of them will obtain a 25%
stake, which would enable joint management of the company with CA. Lukas
is a leader in the credit market, with loans last year amounting to
zl.1.969 billion. (Rzeczpospolita, p. B5) P.J.
