UniCredit €750 million sale of stake in Bank Pekao

26/7/2016

Public acquisition

Value:

€ 750 million

Dollar value:

$ 825.426 million

Status:

Completed

Date:

26/7/2016

Overview:

UniCredit has sold 26.2 million shares in Bank Pekao to institutional investors for €750 million.
Bank Pekao is the second largest Polish bank and the shares amount to 10% of the total share capital.
Morgan Stanley, Citigroup, UBS and UniCredit Corporate & Investment Banking acted as joint bookrunners.

Sam Duke - Editor

Jurisdictions:

Italy
Poland

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Banking

Firms:

Weil Gotshal & Manges

Party: Morgan Stanley (Bookrunner)

Party: Citigroup (Bookrunner)

Party: UBS (Bookrunner)

Party: Unicredit (Bookrunner)

Lawyer: Peter King (retired)

White & Case

Party: Unicredit (Seller)

Lawyers: Bartosz Smardzewski, Ferigo Foscari, Marcin Studniarek, Michael Immordino, Rafał Kamiński

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