Raiffeisen Bank to Acquire Equa bank
2021年2月8日 - 3:36PM
Dow Jones News
By Kim Richters
Raiffeisen Bank International AG said Saturday that it has
agreed to take over Czech bank Equa bank from private equity firm
AnaCap Financial Partners.
The Austrian banking group said the completion of the deal is
expected around the end of the second quarter and that it plans to
merge the bank with its Czech subsidiary.
The takeover should lead to an impact on Raiffeisen's CET1 ratio
of around 30 basis points, it said.
The bank didn't disclose the financial terms of the deal.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
February 08, 2021 01:21 ET (06:21 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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