News & Credit Rating Announcements
20 June 2018 | Country: Cyprus | Bank: Hellenic Bank Public Company Ltd
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Hellenic Bank’s Offer to Acquire Certain Assets and Deposits of Cyprus Cooperative Bank
Overview
Hellenic Bank (HB) has announced the outline of its final offer and capital raising plan to acquire EUR10.3 billion of assets from Cyprus Cooperative Bank (CCB) for a cash consideration of EUR74mn.
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