Will Pekao seek to takeover GBG?

Bank Pekao has announced plans to acquire a financial institution. Company president Maria Wi.niewska did not want to reveal if any deadlines have been set for a sector takeover, or who they might have set their sights on. Howe ver, it is worth mentioning that around a week ago, BPH PBK withdrew from n egotiations over selling its stake in Górno.l.ski Bank Gospodarczy (GBG), t herefore this might be Pekao's target. Analysts also tip Millenium Bank as a possible acquisition, as its investor, Portuguese BCP, might withdraw from the market. In related news Pekao's shareholders meeting decided on a divid end payout of zł. 4.18 per share and agreed to increase the bank's capital by zł. 373,600 (Gazeta Finansowa, April 12-18, p. 1) A.K.