PZU eyes BOŚ Bank - Bloomberg

Poland's biggest insurer, PZU, is looking for an opportunity to acquire some stake at state-controlled BOŚ Bank, Bloomberg reported citing two sources. However, the talks have not been initiated yet. A 57 percent stake at the lender is owned by the National Fund for Environmental Protection and Water Management, while the rest of the holding is in the state's treasury hands.  The market value of the bank is estimated at PLN 528 million. In May, the insurer purchased over 25 percent of Alior Bank shares. The firm's CEO recently said that PZU is considering buying stakes at up to five lenders.