UniCredit acquires a 90.1% stake in Alpha Bank Romania, planning a merger by late 2025.
UniCredit has acquired a 90.1% stake in Alpha Bank Romania, initiating its integration into the UniCredit Group. This transaction, part of a strategic partnership with Alpha Services and Holdings announced on October 23, 2023, is expected to culminate in a merger by late 2025. Alpha will maintain a 9.9% ownership in UniCredit Bank post-merger. Customers of Alpha Bank Romania will continue to receive the same services during the transition.
November 04, 2024
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