Brief: Getin Holding Signs Conditional Deal For Sale Of Carcade

Getin Holding SA

02/12/2019 06:40

Dec 2 (Reuters) - Getin Holding SA  GTN.WA :
    * SAID ON FRIDAY IT HAS SIGNED CONDITIONAL DEAL WITH
GAZPROMBANK
LEASING AND NOVFINTEKH FOR SALE OF 100% STAKE IN CARCADE
    * ONE OF THE CONDITIONS FOR THE DEAL TO TAKE PLACE IS THE
SALE OF
22.059% STAKE IN IDEA BANK BIALORUS TO THE COMPANY FOR 35.1
MILLION ZLOTYS
    * THE TOTAL DEAL VALUE WILL AMOUNT TO 181.4 MILLION ZLOTYS
    * SAID THE DEAL IS EXPECTED TO CLOSE NO LATER THAN MARCH 27,
2020
    * UNDER CONDITIONAL DEAL CARCADE WILL PAY THE COMPANY
DIVIDEND OF
9.9 MILLION ZLOTYS FOR Q3 2019

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7DZ3R7a
    
 Further company coverage:  GTN.WA  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))