Announced
Synopsis
Piraeus Bank, a financial services company, agreed to acquire a controlling stake in Trastor, a real estate investment company, from Värde Partners, an alternative investment adviser, for $133m. “This transaction will instantly enhance our fee revenue profile and further grow our know how around the vibrant and rapidly growing real estate sector. Trastor is one of the top-performing real estate platforms in South Eastern Europe and will constitute an investment tool for Piraeus Group to capture the extensive upside that the Greek market provides. This is yet another value booster for our shareholders, in our journey to create the best-in-class bank in Greece,” Christos Megalou, Piraeus Bank CEO.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.