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Thematic equity report: Moneta (Buy, 12m target = CZK97) - Moneta plans to buy Wüstenrot

12/2/2019 10:06 AM

Moneta Money Bank has acquired exclusivity and is negotiating the purchase of the Wüstenrot building society and Wüstenrot mortgage bank. The acquisition is subject to successful due diligence, and Moneta hopes to sign a sales contract by the end of the year. The acquisition could be settled at the beginning of April 2020 and is subject to the approval of regulators.

Autor: Bohumil Trampota
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