MPB: Pre-agreement for the acquisition of 50.12% AS SBM Pank – Acquisitions by subsidiaries
14/6/2007 12:24
Marfin Popular Bank Public Co Ltd announces the pre-agreement for the acquisition of 50.12% of the share capital of “AS SBM Pank” against the sum of €6,432,065. The acquisition is subject to the Cypriot and Estonian competent authorities’ approval.
The Company also announces the completion of the acquisition of 2.86% of the shares of “Marfin Securities (Cyprus) Ltd” by its subsidiary “Investment Bank of Greece SA” and 5.91% of the shares of “Marfin Global Asset Management AEPEY” by its subsidiary “Marfin Bank ATE” on 13/6/2007.
The Company also announces the completion of the acquisition of 2.86% of the shares of “Marfin Securities (Cyprus) Ltd” by its subsidiary “Investment Bank of Greece SA” and 5.91% of the shares of “Marfin Global Asset Management AEPEY” by its subsidiary “Marfin Bank ATE” on 13/6/2007.
