Eurobank edges closer to Hellenic takeover
Posted: Thu Aug 03, 2023 8:47 pm
Greece’s Eurobank is reportedly preparing a strategic roadmap to takeover Hellenic Bank, the island’s second-biggest lender, just months after increasing its stake to over 29%.
Once it reaches the 30% benchmark, according to the law on acquisitions, Eurobank must make a public offer to take over Hellenic.
https://www.financialmirror.com/2023/08 ... -takeover/
Once it reaches the 30% benchmark, according to the law on acquisitions, Eurobank must make a public offer to take over Hellenic.
https://www.financialmirror.com/2023/08 ... -takeover/