PKO BP Closes Takeover of Nordea

Business › n.a. ♦ Published: April 2, 2014; 12:28 ♦ (Vindobona)

According to the Polish Bank, the takeover of the Polish affiliate of the Swedish banking group is concluded.

PKO Took Over Nordea Polska / Picture: © PKO Bank Polska

Bank Polski S.A. announced that with the conditions precedent for the Transaction having been satisfied, on April 1, 2014 the closing of the Transaction occurred („Closing Date”).

As part of the Transaction closing procedure Nordea Bank AB (publ) placed a subscription in response to  tender offer announced on December 3, 2013 by the Bank (the…

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