MONETA Money Bank reaches $1.2 billion deal for PPF’s Air Bank

MONETA Money Bank reaches $1.2 billion deal for PPF's Air Bank

PRAGUE, Nov 18 (Reuters) – Czech lender MONETA Money Bank agreed a re-worked 25.9 billion crown ($1.16 billion) deal to buy the Air Bank group of companies from PPF, its largest shareholder, reviving a bid that other shareholders had rejected earlier this year.PPF, the investment group started by late Czech billionaire Petr Kellner, is making … Read more