2019 Universal registration document and annual financial report - BNP PARIBAS 591
8General information
8
Investments
8.4 Significant changes
There have been no significant changes in the Group s financial or business situation since the end of the last financial year for which audited financial statements were published, and in particular since the signature of the Statutory Auditors report on the consolidated financial statements on 3 March 2020.
8.5 Investments
The following table lists the Group s investments since 1 January 2017 that are individually valued at over EUR 500 million and are considered material at a Group level:
Country Announcement date Transaction Transaction amount Comments
Poland 31 October 2018 Acquisition by BGZ BNP Paribas of the core banking operations of Raiffeisen Bank Polska
EUR 756 million The transaction price is the equivalent in
euro of the price paid (PLN 3.25 billion) on the basis of a /PLN
exchange rate of ~4.30 as at 30/10/18
UK 21 October 2019 Strategic partnership giving rise to contributions from BNP Paribas Securities and BNP Paribas Asset Management assets/ activities in exchange for a 22.5% stake in LHC4, holding company of Allfunds
Non disclosed Subject to regulatory approval and
authorisations