Marfin Popular: Intention to sell 6.45% of MIG
12/10/2007 10:46
Marfin Popular Bank would like to inform its shareholders and the investing public that it intends to sell 6.45% of its stake in the share capital of Marfin Investment Group after the expiry of the period of retention, that is, after 16/1/2008. The sale will be carried out with private placement, preferably, to 1 strategic investor.
The MPB decision was taken on the basis of the Company’s strategy to focus on banking and other relevant activities and to use its total capital adequacy in order to finance is rapid core growth.
The MPB decision was taken on the basis of the Company’s strategy to focus on banking and other relevant activities and to use its total capital adequacy in order to finance is rapid core growth.
