Tuesday, July 31, 2007

UniCredit, GE to seal Poland deal-sources

(Reuters) - MILAN/BOSTON, July 31 - UniCredit and GE Money are to announce as early as this week a deal for the purchase by the U.S. group of 200 of the Italian bank's outlets in Poland, sources familiar with the matter said.



UniCredit is selling 200 bank branches belonging to its Polish unit BPH , which it wholly acquired when it bought Germany's HVB in 2005, along with the BPH brand. Analysts say the package could be worth as much as $2 billion.


Read more at Reuters.com Mergers News

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