Announced
Financials
Sources
Tags
Cyprus
banking
Acquisition
Cross Border
Minority
Private
Pending
Single Bidder
Banks
Friendly
Synopsis
Eurobank, a financial company, agreed to acquire a 17.3% stake in Hellenic Bank, a banking company, from Poppy for €168m. "The acquisition is aligned with the overall strategy of Eurobank Group to further strengthen its presence in its core markets and is a vote of confidence to the positive prospects of the economy of Cyprus," Eurobank.
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