Alpha Bank to acquire AstroBank for €205m.

Synopsis

Alpha Bank, a Greek banking group, agreed to acquire AstroBank, a Cypriot bank, for €205m. "This acquisition underscores our commitment to strengthening our presence in the Cypriot market and enhancing our ability to serve our customers with an expanded range of services," Vassilios Psaltis, Alpha Bank CEO.

Principals

target

Astrobank

bidder

Alpha Bank

Show Details & Financials

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Market Context

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Seller Team (1)

aris mourelatos

CEO at ASTROBANK LIMITED

Manager

target

Deal

£ 213 M

Total Value

Bidder Team (1)

vasileios e. psaltis

CEO at ALPHA BANK SA

Manager

bidder

Deals

£ 994 M

Total Value

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