FSF: Eurobank returns to the private sector
FSF: Eurobank returns to the private sector
New shares negotiations on May 9th
The FSF today announced the completion of the process of international and public offer of the capital increase of Eurobank, and the trading of new shares is expected to commence on May 9, 2014.
The Institutional Investors Groups which includes Fairfax, Capital Research and Management, Wilbur Ross, Fidelity, Mackenzie and Brookfield agreed on Monday to adjust the new price per share offered at 0.31 euros from 0.30 euros, confirming the binding offer totaling 1.332 million euros.
Ms. Anastasia Sakellariou, Managing Director of Financial Stability Fund (FSF) said: "The completion of the capital increase of Eurobank is an important milestone for the Bank, the Financial Stability Fund and the whole Greek banking sector and amrks the return of Eurobank in the private sector".
The Institutional Investors Groups which includes Fairfax, Capital Research and Management, Wilbur Ross, Fidelity, Mackenzie and Brookfield agreed on Monday to adjust the new price per share offered at 0.31 euros from 0.30 euros, confirming the binding offer totaling 1.332 million euros.
Ms. Anastasia Sakellariou, Managing Director of Financial Stability Fund (FSF) said: "The completion of the capital increase of Eurobank is an important milestone for the Bank, the Financial Stability Fund and the whole Greek banking sector and amrks the return of Eurobank in the private sector".
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