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Athens News Agency: News in English, 11-02-18

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Alpha Bank rejects NBG merger proposal ´╗┐

  • [01] Alpha Bank rejects NBG merger proposal

    (ANA-MPA) -- Alpha BankÔs board on Friday unanimously rejected National BankÔs merger plan, which was announced earlier in the day.

    The bid was the second in a decade where a merger plan between the two banks failed to materialise. A bank statement said Alpha BankÔs board "unanimously, and after examining the terms of the proposed merger, rejects the plan, taking in view the uncertainty created by the current economic situation and the context of the plan, whose terms are considered not to be to the benefit of Alpha BankÔs shareholders". (ANA-MPA)

    More details on the subscriber's page of ANA-MPA | Subscription request form


    Athens News Agency: News in English Directory - Previous Article - Next Article
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