Hungary's OTP May Bid For Croatian Bank

  • 12 Aug 2013 9:00 AM
Hungary's OTP May Bid For Croatian Bank
OTP bank and Belgium’s KBC are potential bidders for Croatia’s Hrvatska Postanska Banka, according to a report in Zagreb financial paper Poslovni Dnevnik. The Croatian Finance Ministry announced the sale of the government’s 99.1% stake in the bank on its website on the weekend.

Bidders must register by August 31 and file non-binding bids by September 20.

Source: Hungary Around the Clock

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