Idea Bank deal broke down


Seller and buyer could not agree on the sale price of bank idea

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Ukrainian investment company Dragon Capital and Polish Getin Holding S.A. The Ukrainian Idea Bank is believed to be terminated for sale. It was reported by Gettin Holding Your place.

Reportedly, the conditional agreement on the sale of 100% of the shares of Idea Bank’s joint stock company was broken due to the fact that the seller and buyer had “not signed a contract indicating the sale price of Idea Bank Ukraine” .

From a post on Gettin Holding SA

Furthermore, until this time Gettin Holding had not received any information about the approval of the agreement by National Bank, which was one of the conditions for transfer of ownership of shares to Idea Bank.

Recall, on December 20, 2019, Dragon Capital Group companies together with a private investor gotin holding S.A. Signed an agreement to acquire 100% of Idea Bank’s shares (LIV). (Poland). But the company did not comment on the terms of the deal.

Read: Wirecard – Everything: Company filed for bankruptcy


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