Idea Getin Leasing SA and Leszek Czarnecki signed a term sheet to acquire 65% stake of Idea Money S.A. from Idea Bank S.A. (WSE:IDA) for PLN 3.3 on June 26, 2020. Idea Getin Leasing SA and Leszek Czarnecki signed an agreement to acquire 65% stake of Idea Money S.A. from Idea Bank S.A. on July 31, 2020. Idea Bank will sell 7 million shares as part of transaction. Idea Bank expects to sell 45.01% stake representing 4.85 million shares in Idea Money to Leszek Czarnecki for PLN 2.25 and a 19.99% stake, representing 2.12 million shares to Idea Getin Leasing for PLN 1. The transaction to the condition precedent, consisting in obtaining by the issuer a statement from the Bank Guarantee Fund acting as the issuer's curator that no objections were raised to the resolutions of the issuer's bodies expressing consent to the sale of Idea Money or ineffective expiry of the 14-day period to filing by the probation officer to the competent court of objection to the above-mentioned resolutions of the issuer's governing bodies were also announced. On August 21, 2020, Bank Guarantee Fund objected to the sale of shares in Idea Money. The Idea Bank expects positive effect in terms of accounting from sale. The transfer of the shares from the issuer to the Leszek Czarnecki and Idea Getin, respectively, and their release by way of sale, will take place on the business day agreed by the parties with the investment company, falling after the fulfillment of the condition precedent, but no later than August 14, 2020. As of November 26, 2020, the share exchange agreement was concluded.