KBC paid €64m to acquire OTP Banka Slovensko
- Vladimír Dohnal
- Jan 26, 2021
- 1 min read
Belgian KBC paid €64m to acquire loss making OTP Banka Slovensko, information from the mandatory offer to small shareholders show. KBC is offering small shareholders almost twice as much―€3.70 per share compared to the €2.02 it paid for the majority stake. KBC thus paid around €300 per client.
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