Solorz-Żak set to acquire Bank Staropolski
"A judge-commissioner is preparing a resolution on accepting the offer. I expect that it will be issued this week," said Jan Kanecki, the receiver of BS. Invest Bank will have two months from the date of the resolution to sign a purchase agreement, but it is trying to improve terms of the transaction by further reducing Staropolski's debts. So far it managed to convince 1,000 of the total 2,200 largest individual debtors who are owed over zł.5,000 to agree to a 60 percent reduction, thus lowering BS' arrears from zł.156 million to zł.125 million.
"We expect to level the liabilities with the bank's value, which according to the valuation prepared at the request of the receiver stands at zł.85 million. We hope that other large creditors, such as the state-owned International Guarantee Corporation will also accept the reduction," said Tomasz Krzak, a member of Invest Bank's management board.
Source: Puls Biznesu
"We expect to level the liabilities with the bank's value, which according to the valuation prepared at the request of the receiver stands at zł.85 million. We hope that other large creditors, such as the state-owned International Guarantee Corporation will also accept the reduction," said Tomasz Krzak, a member of Invest Bank's management board.
Source: Puls Biznesu
