Reuters logo
Polish Bank Zachodni WBK confirms KBC, Santander sold its shares at PLN 245/shr
March 22, 2013 / 6:11 AM / 5 years ago

Polish Bank Zachodni WBK confirms KBC, Santander sold its shares at PLN 245/shr

WARSAW, March 22 (Reuters) - Belgium’s KBC and Spain’s Banco Santander sold almost 20 million of shares in Polish lender Bank Zachodni WBK for 4.9 billion zlotys ($1.5 billion), or 245 zlotys per share, BZ WBK said in a statement on Friday.

The news confirms a Reuters story from Thursday.

The final price was near the bottom of the indicated range of 240-270 zlotys, showing demand was not as strong as the sellers had expected. It is also 4 percent below the price from Thursday’s market closing. ($1 = 3.2392 Polish zlotys) (Reporting by Adrian Krajewski; Editing by Ken Wills)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below