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Slovenska Sporitelna exchanges its owner

Article Abstract:

Slovenska sporitelna (SS) (Bratislava, Slovakia), financial institution, will have a 87.18% stake acquired by Erste Bank (EB) (Austria) at the beginning of 2001. EB will pay EUR 425 mil for the stake. The transaction was agreed by the Slovak government at the end of Dec 2000. EB has been the owner of Ceska sporitelna (CS) (Czech Republic) since 2000. CS is a similar institution in the Czech Republic as SS in Slovakia.

Publisher: Economia
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 2001
Erste Bank

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IPS Prague will have a new owner

Article Abstract:

IPS (Prague, Czech Republic), the largest Czech construction firm, should have a majority stake acquired by a new owner in the middle of January 2000. The winner will be chosen from four bidders and will acquire a 53% stake in IPS. The stake is now held by financial groups around Komercni banka (Czech Republic), Zivnostenska banka (Czech Republic) and Ceska sporitelna (Czech Republic).

Publisher: Economia
Publication Name: Ekonom-Tydenik Hospodarskych Novin
Subject: Business, international
ISSN:
Year: 1999
Innovative Products and Services of Boston

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