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                        THURSDAY, MARCH 28, 2024
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Getin Holding scraps deal to sell Ukraine’s Idea Bank to private investor
Journal Staff Report

KYIV, June 26 – The deal with a private investor to acquire a 100% stake in Ukrainian Idea Bank (Lviv) by Dragon Capital from Poland's Getin Holding S.A. was terminated, Getin reported in a statement.

"The Management Board of Getin Holding S.A… informs that as of June 25, 2020 conditional sale agreement of 100% shares in Idea Bank… concluded on December 20, 2019 by the issuer, as the seller, with Dragon Capital Investments Limited and a natural person as buyers (including Buyer 1) and Dragon Capital LLC as a broker, was terminated due to failure to comply with the condition precedent," Getin said.




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