Eurobank acquires majority stake in Hellenic Bank

Eurobank announced on June 3 the completion of a €275.7 million acquisition of a 26.1% stake (107,694,301 shares) in Hellenic Bank, following regulatory approval. The purchase price was €2.56 per share. With this acquisition, Eurobank now holds a controlling 55.3% stake (228,253,661 shares) in Hellenic Bank. As a result, Eurobank has launched a mandatory public … Continue reading Eurobank acquires majority stake in Hellenic Bank