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Erste sale finalised

The government has approved a memorandum of understanding with the Austrian Erste Banka releasing the 20% that had been on deposit of the purchase price Erste paid for an 87% stake in Slovenská sporiteľňa last January. It is not known how much extra, if any, Erste will pay.

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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