Alpha Bank acquires controlling stake in Alpha Trust Holdings

1 sourceFirst reported 27 days agoUpdated 27 days ago

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Alpha Bank has secured a 69.61% stake in Alpha Trust Holdings.
This acquisition fulfills a key condition for the takeover offer.
The shares were acquired at €20.20 each during an over-the-counter transaction.
Alpha Bank now holds a majority of voting rights in Alpha Trust Holdings.
The completion of this acquisition marks a significant achievement for Alpha Bank.

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Alpha Bank secures controlling stake in Alpha Trust HoldingsCyprus Mail · 27 days ago

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AI summary: catch up in 20 seconds

Alpha Bank has secured a 69.61% stake in Alpha Trust Holdings.
This acquisition fulfills a key condition for the takeover offer.
The shares were acquired at €20.20 each during an over-the-counter transaction.
Alpha Bank now holds a majority of voting rights in Alpha Trust Holdings.
The completion of this acquisition marks a significant achievement for Alpha Bank.

Generated by AI from the 1 sources below · always verify with the originals