PZU insurer most likely to take over Alior Bank
September 26, 2012
Poland's top insurer PZU together with private equity investment group Apax are the top candidate for taking over Alior Bank from Italian group Carlo Tassara, the daily Puls Biznesu reports.
Offers, neighboring EUR 650 million, were also filed by private equity funds Blackstone, CVC Capital and Warburg Pincus but Polish financial market regulator is unlikely to accept funds as an investor for Alior.
PZU would hold a minority stake in the bank.