Piraeus Bank on Friday increased its stake in Marfin Investment Group (MIG) to 52.8 percent, exceeding the 50-percent threshold.
The development comes after Piraeus Bank purchased more than 32.607 million MIG shares, representing 3.4707 percent of all voting rights for the latter, at a price of 0.1668 euros per shares.
In an announcement, Piraeus Financial Holdings, ATHEX-listed Piraeus Bank’s parent company, noted that: “… further to the 09.02.2023 (Feb. 9, 2023) publication of the mandatory tender offer of its subsidiary Piraeus Bank S.A. to Marfin Investment Group Holdings S.A. shareholders for the acquisition of the total number of common registered voting shares they hold, that the Proposer acquired on 09 February 2023 through the Stock Exchange, 74,427,556 shares of the Company, corresponding to 7.922% of its voting rights, at the price of €0.1668 per share. Following the acquisition, the Proposer holds 463,635,927 ownership rights, corresponding to 49.3487% of the total voting rights of the Company.”
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Massive Wildfire Front North of Athens; Evacuations Continue
Τhe conflagration in northeast Attica prefecture (greater Athens area) erupted instantaneously amid gusty winds near the township of Varnavas, before spreading south towards Mt. Penteli
Greek Industrial Production Up by 9.5% in June 2024
The Overall IPI in June 2023 decreased by 3.0% compared with the corresponding index in June 2022.
Social Security Fund Employee Arrested for Demanding Bribe
Police said woman, 49, was nabbed 'red-handed' after receiving a folder filled with 4,000€, ostensibly to 'facilitate' the issuance of a disability pension
Greek Road Tourism Booms, Eyeing Record 2024
The Kipoi (Kipi) border station recorded the highest absolute increase, with 457,000 arrivals, an increase of 115,000 or 33.5%.
Greek Doctors Issue Safety Advice for Vacationers
The Athens Medical Association offers tips to prevent accidents and health problems during the summer holidays.
Deadline for Self-Employed Professionals to Register for Inter-Bank Payment System Pushed Back a Few Days
Greece’s independent tax bureau, AADE, announced the two-day deadline extension this week, given that the previous deadline of Aug. 31 fell on a Saturday
Capital Economics: Greek GDP Boosted by Tourism
The independent economic research business based in London appears reassuring regarding the effects of climate change on tourist activity.
Int’l Students Will Soon Need ETIAS for Stays in Europe
Starting next year, foreign nationals planning to study in Europe will be required to present ETIAS approval for entry and short-term stays.
Ice Cream in Greece Among Europe’s Costliest
Ice cream in Greece is becoming a costly pleasure with a liter selling for at least 3.7 euros in 2023, among Europe's most expensive.
Eurobank Completes Public Offer for Full Acquisition of Hellenic Bank
Looking ahead, Eurobank aims to fully integrate Hellenic Bank’s accounting operations, with this process slated to begin in the third quarter of 2024.
