Erste Group plans tender offer for up to 26% more of Erste Bank Polska at PLN 713 per share
Bitget2026/09/25 18:32- Erste Group plans a voluntary all-cash tender offer for Erste Bank Polska to lift its 49% stake by up to 26%.
- Target ownership above 50% but no more than 75%, keeping at least 25% free float.
- Offer price expected at about PLN 713 per share, based on the 3-month VWAP before Sept. 28, 2026.
- Launch targeted for early November 2026 with a 30-day subscription period; settlement expected in December 2026.
- Deal to be funded from internal resources; post-offer CET1 ratio targeted above 14.25%, with EPS accretion expected from 2027.
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