trending Market Intelligence /marketintelligence/en/news-insights/trending/x-6Yb3Rpg6GB2SR64oTRdQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Major Pekao shareholder backs potential purchase of mBank

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Report: Major Pekao shareholder backs potential purchase of mBank

Bank Pekao SA's second-largest shareholder supports the potential acquisition of Commerzbank AG's Polish unit mBank SA, Reuters reported.

Polski Fundusz Rozwoju S.A has a 12.8% stake in the lender and would back a deal for mBank due to the technological and operational synergies that could stem from a merger.

PFR head Paweł Borys said a deal for mBank could generate greater benefits than Pekao's previously considered integration with fellow Polish lender Alior Bank SA, which was dropped in August 2018.

The official said, however, that the decision on whether to buy mBank will be in the hands of Pekao and its largest shareholder, Powszechny Zakład Ubezpieczeń Spółka Akcyjna. Pekao earlier confirmed its interest in the acquisition of mBank.

Borys also said Pekao's shares, listed on the Warsaw Stock Exchange, were significantly undervalued at a price of 96.8 zlotys apiece.

As of Dec. 5, U$1 was equivalent to 3.85 Polish zlotys.