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Final price for VÚB to be set

Closing day on a purchase deal allowing Italian bank Intesa BCI to take an almost 95% stake in Slovak state bank VÚB is to be known by the end of this week; the proposed price of 550 million euro may be adjusted upward or downward on the basis of Intesa’s recent audit of VÚB.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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