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BRIEF-Czech group J&T says ECB gives approval for CEFC to raise stake
September 15, 2017 / 6:41 AM / 8 days ago

BRIEF-Czech group J&T says ECB gives approval for CEFC to raise stake

Sept 15 (Reuters) -

* Czech group J&T says European Central Bank has approved China’s CEFC raising its stake in J&T Finance Group to 50 percent

* says must still get consent from remaining national regulators in countries where the bank holding company is active

* the groups last year announced the deal for CEFC to raise its stake in J&T, which includes banks in the Czech Republic and Slovakia, to 50 percent from 9.9 percent

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