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PTE PZU acquires Nordea DFE

14:34

Polish financial watchdog KNF has approved the acquisition of management pension fund Nordea DFE by its state-controlled competitor PTE PZU, part of Grupa PZU, the office reported. PTE PZU will officially take control over Nordea DFE on January 7. Regarding the acquisition, PTE PZU will launch a special bargain for both fund's clients. This is the first acquisition of such a fund in the Polish market.

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