INTESA SANPAOLO: PRAVEX-BANK
Turin - Milan, May 28th 2015 – Intesa Sanpaolo communicates that today the Bank has terminated the agreement concerning the sale of 100% of the capital of its Ukrainian subsidiary Pravex-Bank to CentraGas Holding Gmbh. The agreement, which was signed on January 23rd 2014, has been terminated as the Bank, to date, has not yet obtained the regulatory approval needed to finalise the transaction. The termination of the agreement has no material impact on the Group’s income statement and balance sheet other than the continued inclusion of the subsidiary in the scope of consolidation.
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Last updated 28 May 2015 at 17:56
