Greece's HFSF announces a stake sale in Piraeus Bank, offering up to 22% stake to investors on 4-6 March, priced at 3.7-4 euros per share.
Greece's bank bailout fund, HFSF, announces a stake sale offering in Piraeus Bank, with a possibility of up to 22% stake based on the fund's decision. Shares will be sold to Greek investors through public offering and foreign investors through private placement, with the offering scheduled for March 4-6 at a price range of 3.7 to 4 euros per share. If the entire 27% stake owned by HFSF is sold, foreign investors could acquire between 20% and 25% while Greek investors could purchase an additional 2%.
March 03, 2024
4 Articles