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UniCredit (UNCFF) (UNCRY) will reportedly roll out a five-year investment certificate tied to BlackRock's (BLK) iShares ...
UniCredit has doubled its stake in Greece's Alpha Bank to nearly 20% subject to regulatory approval, the Italian bank said on Wednesday, as it diverted its attention away from M&A stumbling blocks ...
UniCredit said it would double its stake in Alpha Bank to around 20%, deepening its partnership with one of Greece’s top lenders at a time when its expansion efforts elsewhere are facing ...
a 9% stake in Alpha Bank to UniCredit SpA, according to a statement Monday. It is also starting a process to divest a 20% holding in National Bank of Greece, a lender of which it owns about 40%.
UniCredit said on Monday it plans to become Alpha Bank's biggest investor by buying a 9% stake owned by Greece's bank bailout fund, as the Italian lender also agreed to acquire most of Alpha's ...
ATHENS (Reuters) -Greece's state-controlled bank bailout fund HFSF said on Monday it sold its 9% stake in Alpha Bank to UniCredit for 293.5 million euros ($314 million) after an improved bid by ...
UniCredit SpA offered to buy the Greek state’s holding in Alpha Bank and agreed to acquire Alpha’s Romanian unit, in the first strategic deal struck under Chief Executive Officer Andrea Orcel.
UniCredit will pay €300mn in cash for Alpha Bank’s Romanian operations, and merge them with its local units. Alpha Bank will keep 9.9% of the new Romanian entity; UniCredit will have the remainder.
The latest investment means that UniCredit has spent almost €1 billion in less than two years on its Alpha Bank holdings. This includes a €293 million payment in 2023 to buy the Greek state ...
A strategically important agreement is sealed: the increase of UniCredit's participation in the share capital of Alpha Bank - ...
UniCredit said it would double its stake in Alpha Bank to around 20%, deepening a partnership with one of Greece's largest lenders at a time when its expansion efforts are facing roadblocks.