...

Goldman Sachs raises MONETA stake 10.45% amid offer from PPF

US Materials 29 January 2021 12:34
Goldman Sachs has raised its holding in Czech MONETA Money Bank 10.45% from 3.22%, a regulatory filing with the Czech central bank showed
Goldman Sachs raises MONETA stake 10.45% amid offer from PPF

Goldman Sachs has raised its holding in Czech MONETA Money Bank 10.45% from 3.22%, a regulatory filing with the Czech central bank showed, Trend reports with reference to Reuters.

The increase comes after Czech investment group PPF offered to buy out as much as 29% of MONETA shares at 80 crowns per share and subsequently offer to merge the bank with PPF’s Czech banking activities.

Tags:
Latest

Latest