mBank won’t be buying Polish Deutsche Bank assets - Reuters

WSE-listed lender mBank has reportedly withdrawn from running to buy Deutsche Bank's Polish assets, Reuters reported citing sources close to the situation. BZ WBK and Millennium Bank remain at the negotiation table, with Millennium announcing back in July that it has entered the second phase of the process. Back in May, Deutsche Bank said that it plans to sell most of its Polish assets, excluding its FX-denominated housing loans, with Millennium, mBank and BZ WBK being mentioned as the frontrunners for acquisitions. According to analysts, the banks’ assets could go for at least $450 million.