Sale of Eurobank signed and sealed for rumored EUR 190 million

LFI decided to sell all of its shares in the institution, which jointly give 98.35% of votes during a general shareholders meeting. The value of the transaction remains a secret. According to earlier announcements, the owner demanded a sum of around zł.500 million million for the stake. The new investor is to acquire the shares after it receives the green light from the Banking Supervision Commission. "The ownership change will not mean a revolution in Eurobank. The management, name and its headquarters will remain as they are," said current Eurobank president, Sławomir Łukasiewicz. The French investor is happy with the company's current development strategy. "Eurobank and its expansion plan fit very nicely into Societe Generale's concept. We have managed to find a well managed and a dynamic institution," declared SG's Jean Francois Gouthier. (Puls Biznesu, p8) AK