Search


Advanced Search
Nenad Bach - Editor in Chief

Sponsored Ads
 »  Home  »  Business  »  (E) Italy's UniCredit selling Croatian bank HVB Splitska
(E) Italy's UniCredit selling Croatian bank HVB Splitska
By Nenad N. Bach | Published  01/25/2006 | Business | Unrated
(E) Italy's UniCredit selling Croatian bank HVB Splitska

 

Croatia: Prospective Buyers Start Due Diligence Process on HVB Splitska

Italians selling Croatian bank HVB Splitska

14:26 - 18 January 2006 - Prospective buyers plan to start due diligence in Croatia's fifth largest bank HVB Splitska Banka next month. Italy's UniCredit, the owner of Splitska, contemplates of selling the bank in order to comply with the requirements imposed by the Croatian central bank thus avoiding a dominant position on the Croatian market. UniCredit, which owns Croatia's largest bank Zagrebacka as well, became Splitska's owner after a takeover of Germany's HVB. Unicredit is in the process of gathering names of potential buyers.
Some potential bidders could be Belgian banking group KBC, French Societe Generale, Polish PKO Bank, National Bank of Greece, Hungary's MKB and Austrian BAWAG.

http://www.reporter.gr/fulltext_eng.cfm?id=60118142633
 

How would you rate the quality of this article?

Verification:
Enter the security code shown below:
imgRegenerate Image


Add comment
Comments


Article Options
Croatian Constellation



Popular Articles
  1. (E) 100 Years Old Hotel Therapia reopens in Crikvenica
  2. Dr. Andrija Puharich: parapsychologist, medical researcher, and inventor
  3. Europe 2007: Zagreb the Continent's new star
  4. Violi Calvert: Nenad Bach in China to be interviewed by China Radio International
  5. Potres u Zagrebu - Earthquake in Zagreb, Croatia 28 listopad 2006 u 16:15 3.7 on a Richter
No popular articles found.