UniCredit

Deals

• Jul 2026·acquired TeleCash Austrian SME merchant portfolio — UniCredit Bank Austria agreed a cross-border asset deal with First Data, announced on 6 July 2026, to take over about 2,500 SME merchant customers of First Data's TeleCash business in Austria, with the price undisclosed. The merchants were due to migrate to the bank's own acquiring platform by September 2026, and the bank will also become a provider of Fiserv's Clover products in Austria.
• Oct 2023·acquired Alpha Bank Romania — UniCredit and Alpha Services and Holdings agreed on 23 October 2023 to merge their Romanian banks as part of a wider partnership. UniCredit completed the purchase of 90.1% of Alpha Bank Romania on 4 November 2024 in exchange for 9.9% of UniCredit Romania and about EUR 255 million in cash, with the absorption into UniCredit Romania planned for the second half of 2025; no total value was published.
• Nov 2021·sold Koç Holding — After UniCredit's board approved selling its whole remaining Yapı Kredi stake, Koç Holding exercised its right of first offer and agreed on 8 November 2021 to buy 18% of the bank for about EUR 0.3 billion. UniCredit completed the sale on 1 April 2022 and said it was no longer a shareholder of Yapı Kredi.
• Nov 2019·sold Koç Holding (Koç Group) — UniCredit and the Koç Group ended the KFS joint venture through which they had run Yapı Kredi since 2002: Koç took UniCredit's 50% of KFS and became its sole owner, while UniCredit received a direct 31.93% of the bank, with a net cash consideration UniCredit put close to nil. The deal was signed on 30 November 2019 and completed on 5 February 2020, when UniCredit also launched a placement of about 12% of Yapı Kredi.
• Dec 2016·sold PZU and Polski Fundusz Rozwoju (PFR) — UniCredit agreed on 8 December 2016 to sell 32.8% of Bank Pekao to Powszechny Zakład Ubezpieczeń (PZU) and the Polish Development Fund (PFR) for PLN 123 per share, PLN 10.6 billion in total, and completed the sale on 7 June 2017. It planned to dispose of its remaining 7.3% through a separate market transaction, completing its exit from the bank.
• Aug 2016·sold SIA — SIA paid €500M for UniCredit's card processing activities in Italy, Germany and Austria and signed a ten-year outsourcing contract covering card transactions and POS and ATM management; the deal completed on 23 December 2016.
• Jan 2016·sold ABH Holdings S.A. (Alfa Group) — UniCredit signed a binding agreement on 11 January 2016 to transfer Ukrsotsbank into Alfa Group by contributing it to the Luxembourg holding ABH Holdings for a 9.9% stake in that company, with a put and call mechanism on the stake after five years. The deal closed on 31 October 2016 after approvals by the National Bank of Ukraine and the Antimonopoly Committee of Ukraine.
• 2015·sold card complete — card complete bought DC Bank AG, the Vienna bank that issued Diners Club cards and signed merchants as Diners Club acceptance partners, in autumn 2015, and merged it into card complete in 2022. The Austrian competition authority listed the notification as BWB/Z-2616 with its review period ending on 23 Mar 2015.