The management of Polish Getin Holding and the "TAS" Group led by Sergey Tigipko signed a purchase agreement for Idea Bank on Friday, with the base amount of the deal set at $34 million, as reported in the group's press release on Friday.
According to the announcement, the buyer of 100% of the shares is Alkemi Limited (Cyprus), which is part of the "TAS" group. The completion of the transaction is contingent upon obtaining approval from the Antimonopoly Committee of Ukraine and the National Bank of Ukraine's agreement on the acquisition of Idea Bank shares. The agreement is governed by English law and the regulations of the Warsaw Stock Exchange.