Brief: Getin Holding Signs Two Conditional Deals For Sale Of Two Units

Getin Holding SA

23/12/2019 07:44

Dec 23(Reuters) - Getin Holding SA  GTN.WA :
    * SAID ON FRIDAY THE COMPANY HAS SIGNED A CONDITIONAL DEAL
FOR
SALE OF 100% STAKE IN ITS TWO UKRAINE-BASED UNITS - IDEA BANK
UKRAINA AND LLC NEW FINANCE SERVICE
    * SAID CONDITIONAL DEAL FOR THE SALE OF IDEA BANK UKRAINA
WAS
CONCLUDED WITH DRAGON CAPITAL INVESTMENTS, DRAGON CAPITAL NEW
UKRAINE FUND AND A NATURAL PERSON 
    * UNDER SAID DEAL THE SALE PRICE FOR IDEA BANK UKRAINE IS TO
AMOUNT TO 224.8 MLN ZLOTYS DIMINISHED BY THE TOTAL AMOUNT OF
DIVIDENDS DUE FOR THE COMPANY AND THE SALE PRICE OF NEW FINANCE
SERVICE 
    * UNDER CONDITIONAL DEAL FOR THE SALE OF NEW FINANCE SERVICE
TO
NAPALOR HOLDINGS LIMITED, THE TOTAL SALE PRICE IS 0.8 MLN ZLOTYS
AND WILL BE PAID IN EUROS
    * THE COMPANY HAS ALSO SIGNED WITH THE BUYERS OF ITS TWO
UNITS A
PROFIT SHARING AGREEMENT 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM35tJLja
    
 Further company coverage:  GTN.WA  
   


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