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PRAGUE (Reuters) - Czech billionaire Petr Kellner s PPF Group said on Thursday it would boost its stake in MONETA Money Bank to 28.36% following a voluntary offer, part of a two-step attempt to gain control of the lender.
PPF s Tanemo subsidiary will acquire a 27.73% stake via the tender, short of the maximum offer of up to 29% of shares.
PPF is also in talks to fold some of its smaller lenders into MONETA in exchange for shares, which would give it a majority stake in the country s sixth-largest bank.
Shares in MONETA closed on Wednesday at 79.20 crowns - just below the 80 crown offer price - putting the bank s market capitalisation at 40.5 billion crowns ($1.84 billion).
Information on parameters of Unit 1-4, today at 7:00 hrs: Unit 1 is in Mode 6 - outage Unit 2 is in Mode 1 - power operation, Reactor power is 100 %, Turbine generator. | February 7, 2021
Information on parameters of Unit 1-4, today at 7:00 hrs: Unit 1 is in Mode 6 - outage Unit 2 is in Mode 1 - power operation, Reactor power is 100 %, Turbine generator. | February 7, 2021