Poland Seeks Alternative Plan for PZU Pekao Merger
Poland is exploring alternative ways to reorganise insurer PZU after its planned merger with Pekao faced delays. Political gridlock and the risk of a presidential veto have stalled the original legislative path.
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POWSZECHNY ZAKLAD UBEZPIECZE is pursuing an alternative restructuring plan to bypass legislative hurdles threatening its merger with BANK PEKAO SA, according to state officials. The initial plan faced delays due to political gridlock in Poland.
