The Cyprus Securities and Exchange Commission (CySEC) has approved Eurobank’s public offer document for the acquisition of up to 100 per cent of Hellenic Bank’s issued share capital. The approval allows the publication of the document, which was officially released on March 5, 2025. Eurobank currently holds 385,847,001 shares in Hellenic Bank, representing 93.47 per […]
CySEC approved Eurobank's offer to acquire 100% of Hellenic Bank, of which it already owns 93.47%. The offer of €4.843 per share represents a premium over the average share price and net asset value. The acceptance period is March 11, 2025, to April 9, 2025. Eurobank is obligated to acquire all remaining shares tendered.