Hellenic Bank: CPC gives green light for the acquisition
- DATE: Jul 26, 2018
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- CATEGORY: FINANCE
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- AUTHOR: Elena Economou
Hellenic Bank announced that it has received clearance of the Acquisition by the Commission for the Protection of Competition (“CPC”) of the Republic of Cyprus.
According to a statement, on 24 July 2018, the CPC informed the Company of its decision that the act of concentration in relation to the Acquisition is compatible with the functioning of competition in the market.
The Company will keep investors informed of any developments relating to the Acquisition to the extent required by applicable laws and regulations.
Source: Stockwatch
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