Announced
Completed
Financials
Tags
Diversified Financials
Greece
Private Equity
Acquisition
Majority
Friendly
Private
financial sercives
Single Bidder
Completed
Synopsis
Alpha Bank, the second largest Greek bank, completed the acquisition of remaining shares in Cepal, a special servicing company, from private equity firm Centerbridge. Financial terms were not disclosed. Alpha Bank then plans to sell all of Cepal to international investors, with a view to creating the largest independent loan servicing company in the Greek market, it said.
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