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PZU considers taking over Pekao and Raiffeisen Polska

12:30

Poland's state-run insurer PZU will consider taking over Bank Peako, owned by Italy's Unicredit and the Polish unit of Austria's Raiffeisen, PZU's CEO Michał Krupiński told Dziennik Gazeta Prawna daily. "As PZU we will be considering taking over Pekao and Raiffeisen," Krupiński told the newspaper in an interview published on Wednesday. "Western European owners of banks in Poland, who are facing a slowdown, will be more eager to sell their assets. With Alior Bank, we will selectively look at potential acquisitions," Krupiński said.    

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