OTP’s Romanian Unit Attracts UniCredit, RBI Bids. Erste and Banca Transilvania also said to be bidding for unit. Potential deal may value unit at €300 million or more.
Italy’s UniCredit SpA, Austria’s two top banks and Romania’s largest lender are interested in buying the Bucharest-based unit of OTP Bank Nyrt., in a deal that may value the business at €300 million ($329 million) or more, people with knowledge of the matter said, according to Bloomberg.
Besides UniCredit, Raiffeisen Bank International AG, Erste Group Bank AG and Banca Transilvania SA are among bidders for the lender that submitted non-binding offers, the people said, asking not to be identified because the information is private.
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
