EBRD set to approve purchase of up to 25% of Megabank
16 June 2009
Today the European Bank for Reconstruction and Development’s board of directors is set to approve the purchase of an up to 25%+1 stake in Megabank (MEGA). The EBRD is planning to invest in total about EUR 20 mln in the bank, including the equity investment and loan financing. The equity purchase will be conducted via an additional share issue by the bank.
