Poland: PKO BK Still Wants to Take Over Nordea

Politics ♦ Published: February 18, 2014; 13:47 ♦ (Vindobona)

PKO BP had to extend the subscription period for the second time.

Poland: PKO BK Still Wants to Take Over Nordea / Picture: © PKO Bank Polska

The Polish bank has extended the subscription period in the tender offer to April 1, as announced by the bank. The decision to extend the subscription period was made because PKO BP is still waiting for the approval of the Polish financial market regulator KNF.

The tender deadline already had to be extended once, until November 25, 2013. In October last year, KNFs deputy director…