PZU submits offer to buy Raiffeisen Polbank - Reuters

Poland's biggest insurer PZU has submitted an offer to buy Raiffeisen Polbank, Reuters informed quoting two sources familiar with the matter. "They've submitted an offer, talks are ongoing, there is no crowd (of investors interested)" one source allegedly said, while another said Raiffeisen is the only interested party. PZU and Raiffeisen Bank International declined comment. State controlled insurer PZU acquired a 25 percent stake in Alior Bank on Saturday.