Sept. 15 (Bloomberg) -- Raiffeisen Bank International AG expects to close the purchase of a 70 percent stake in EFG Eurobank Ergasias SA’s Polbank unit this year, earlier than anticipated originally, according to slides prepared for a roadshow and released on its website today.
Raiffeisen, eastern Europe’s third-biggest lender, had previously expected the acquisition to close by the first quarter of next year. The expected closing was brought forward because “signals” from the Polish authorities who need to approve the deal were “positive,” spokesman Michael Palzer said on the telephone from Vienna.
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