ZAGREB, Oct 30 (Hina) - All details regarding the sale of a 25% interest in the Splitska Banka, which is part of the portfolio of the State Agency for Savings Insurance and Rehabilitation of Banks (DAB), to Italy's UniCredito have
been agreed on, DAB director Marinko Filipovic said on Tuesday. The signing of the sale contract will take place once it is known who will buy the majority interest in the Splitska Banka from UniCredito. Namely, UniCredito already owns 57.5 percent of Splitska Banka shares and by buying another 25% it becomes the owner of more than 80% of the bank's shares. The Italian bank has obliged itself to sell its entire interest in the Splitska Banka, which is a precondition for its taking over the Zagrebacka Banka, imposed by the Agency for the Protection of Market Competition. Filipovic added that several parties were interested in the Splitska Banka majority p
ZAGREB, Oct 30 (Hina) - All details regarding the sale of a 25%
interest in the Splitska Banka, which is part of the portfolio of
the State Agency for Savings Insurance and Rehabilitation of Banks
(DAB), to Italy's UniCredito have been agreed on, DAB director
Marinko Filipovic said on Tuesday.
The signing of the sale contract will take place once it is known who
will buy the majority interest in the Splitska Banka from
UniCredito. Namely, UniCredito already owns 57.5 percent of
Splitska Banka shares and by buying another 25% it becomes the owner
of more than 80% of the bank's shares. The Italian bank has obliged
itself to sell its entire interest in the Splitska Banka, which is a
precondition for its taking over the Zagrebacka Banka, imposed by
the Agency for the Protection of Market Competition.
Filipovic added that several parties were interested in the
Splitska Banka majority package of shares.
(hina) rml