Romanian c-bank approves sale of Idea Bank to Banca Transilvania seenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seenews.com Daily Mail and Mail on Sunday newspapers.
Romania s Banca Transilvania buying Idea Bank Romania for 43 mln euro Banca Transilvania
BUCHAREST (Romania), June 3 (SeeNews) – Romania s Banca Transilvania [BSE:TLV] said that its board of directors has approved the acquisition of the total holding owned by Polish financial holding company Getin n the capital of Idea Bank Romania for 43 million euro ($52.4 million).
As a result of the transaction, Banca Transilvania will acquire holdings in the companies which are part of the Idea Bank Group in Romania - Idea Leasing IFN SA and Idea Broker de Asigurare SRL, the bank said in a statement filed with the Bucharest Stock Exchange, BVB, on Wednesday.