Hungary’s OTP Bank short-listed for acquisition of Polish peer, report

In Hungary

OTP Bank, Hungary’s biggest commercial lender, is among four bidders that have been short-listed to buy Poland’s FM Bank PBP, Polish press agency PAP said on Wednesday, citing a report in business daily Puls Biznesu.

 All four short-listed parties have placed bids by the November 3 deadline, the daily reported. The other short-listed parties are private equity firm AnaCap Financial Partners and Polish listed banks Alior and BOS, PAP said. The bank is being sold by Abris Capital.

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