Greece's bailout fund prices Piraeus Bank's 27% stake at 4 euros per share, valuing it at 1.35 billion euros and attracting strong demand.

Greece's bailout fund prices Piraeus Bank's 27% stake at 4 euros per share, valuing it at 1.35 billion euros. The bank's shares attracted strong demand, more than eight times oversubscribed, as part of a wider re-privatisation of Greek banks. Piraeus Bank is Greece's third-largest lender and the third of four big banks to be privatised since last autumn.

March 06, 2024
3 Articles