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7 months ago
BRIEF-KBC Groep acquires United Bulgarian Bank and Interlease
December 30, 2016 / 5:33 PM / 7 months ago

BRIEF-KBC Groep acquires United Bulgarian Bank and Interlease

1 Min Read

Dec 30 (Reuters) - Kbc Groep NV :

* Acquires United Bulgarian Bank and Interlease, becoming largest bank- insurance group in Bulgaria

* will use internal sources/available funds to pay acquisition price in cash.

* Acquisition for a total consideration of 610 million euros ($642.94 million) Source text for Eikon: Further company coverage: ($1 = 0.9488 euros) (Gdynia Newsroom)

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