Clicky

mergers and acquisitions

banking acquisitions

Eurobank Expands Influence in Hellenic Bank with Strategic Share Acquisition

Eurobank’s recent acquisition of a 55.42% stake in Hellenic Bank, with the purchase of over 500,000 shares at €2.56 each, marks a strategic move signaling confidence in the bank’s growth and potential for transformative impact on Cyprus’s banking sector. This development highlights the dynamic nature of the market and Eurobank’s ambitions to potentially launch a full acquisition offer, reshaping the landscape of the Cypriot banking industry.

finance acquisitions

Eurobank Increases Control Over Hellenic Bank

Eurobank has acquired a majority stake in Hellenic Bank, securing 55.3% ownership in Cyprus’s financial sector. This move reflects Eurobank’s strategic expansion plans and regulatory compliance, paving the way for potential increased influence without minority shareholder constraints.

banking financial

Eurobank’s Enhanced Role in Hellenic Bank

Eurobank has acquired a majority stake in Hellenic Bank, making a significant move in the Cypriot banking sector with a €275.7 million investment. This strategic purchase of 55.3% stake demonstrates Eurobank’s commitment to the growth potential of Hellenic Bank and its longterm investment in Cyprus’s financial landscape.

Scroll to Top