German Bayerische Landesbank's public bid for Poland's Amerbank shares

Bayerische currently holds 8.1% of Amerbank. The firm overbid an October offer by Germany's Deutsche Genossenschaftbank (DG Bank) which had offered zl. 34.6 per share, looking for 49.99% of votes in the bank. The DG Bank tender expires on Dec.11. Last month, DG Bank and Bayerische were cleared by the Polish Securities and Exchange Commission (KPWiG) to each hold between 33-50% of Amerbank. (Prawo i Gospodarka, page 7, Reuters)