MFG: Gradual increase of stake in CPB
MFG: Gradual increase of stake in CPB
22/9/2006 8:35
CPB
Marfin Financial Group bought 80 thousand shares of the Popular Bank in two days. On Wednesday, it acquired 50 thousand shares at the price of £2.82 and on Thursday 30 thousand CPB shares at £2.94.

Yesterday, Popular Bank recorded gains of 7 cents to £2.92.

Marfin sources say that the latest acquisitions fall under the Group’s initial plans for an increase in its stake in the share capital of the Cypriot bank to 19.99%.

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