Allied Irish Banks, p.l.c. Tender offer for BZWBK launched by Santander
(Thomson Reuters ONE) -
Allied Irish Banks, p.l.c. ("AIB") [NYSE:AIB] announced on 10 September 2010
that it had agreed to sell its Polish interests to Banco Santander S.A.
("Santander"). Santander today announced that it has launched a tender offer for
100 per cent of the share capital of Bank Zachodni WBK ("BZWBK").
In its announcement today, Santander said that the tender offer will be open for
acceptance from 24 February to 25 March. It is expected that the tender offer
will be settled and the transaction completed on 1 April 2011.
Once the tender offer is open for acceptance and all conditions to the sale
agreement have been satisfied, AIB will tender its 51, 413,790 shares in BZWBK
representing 70.36 per cent in the share capital of BZWBK. There is no change
to the sales proceeds or capital effect expected and announced by AIB on 10
September 2010.
- ENDS -
For further information, please contact:
Alan Kelly Catherine Burke
General Manager, Corporate Services Head of Corporate Relations and
Communications
AIB Group AIB Group
Dublin Dublin
Tel: +353-1-6412162 Tel: +353-1-6413894
email: alan.j.kelly(at)aib.ie email: catherine.e.burke(at)aib.ie
Forward-Looking Statements
This announcement may contain "forward-looking statements", within the meaning
of Section 27A of the US Securities Act of 1933 and Section 21E of the US
Securities Exchange Act of 1934. These forward-looking statements can be
identified by the fact that they do not relate only to historical or current
facts. All statements other than statements of historical fact are, or may be
deemed to be, forward-looking statements and speak only as of the date of this
announcement. AIB expressly disclaims any obligation or undertaking to publicly
release any announcements or revisions to any forward-looking statement
contained in this announcement with regard to any change in events, conditions
or circumstances on which any such statement is based.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Allied Irish Banks, p.l.c. via Thomson Reuters ONE
[HUG#1486306]
Unternehmensinformation / Kurzprofil:
Datum: 07.02.2011 - 19:55 Uhr
Sprache: Deutsch
News-ID 51161
Anzahl Zeichen: 2980
contact information:
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Kategorie:
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