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New Deal


Announced

Completed

Goldman Sachs completed the acquisition of a 7.23% stake in MONETA Money Bank from PPF Group for $137m.

Financials

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Transaction Value£100m
Consideration TypeCash
Capital Owned3%
Capital Bid For7%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Czechia

banking sector

banks

Banks

Private Equity

Minority

Cross Border

Completed

Friendly

Acquisition

Public

banking services

Single Bidder

Synopsis

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Goldman Sachs completed the acquisition of a 7.23% stake in MONETA Money Bank, a provider of a full range of commercial banking services for retail and institutional customers from PPF Group, a financial and investment group, for $137m. The increase makes Goldman MONETA’s biggest shareholder. A full takeover of Moneta is not on the agenda but Goldman Sachs feels there is a chance to achieve very solid appreciation.

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