Greek Eurobank
Romanian Banca Transilvania gets approval to buy Greek Eurobank's Bancpost
Romanian lender Banca Transilvania said on Friday it has received regulatory approval from the country's competition watchdog and the central bank to buy Greek Eurobank's Romanian subsidiary Bancpost.
"Banca Transilvania estimates that the closing of the transaction regarding the acquisition of Bancpost will take place during the first half of April 2018," it said in a statement.
Greece's Eurobank Completes Acquisition of Alpha Bank's Branch in Bulgaria
Bulgaria's Postbank, a subsidiary of the Greek Eurobank, successfully finalized on Tuesday the agreement on the acquisition of the operations of the Bulgarian branch of the Greek Alpha Bank.
With the acquisition, Postbank, legally known as Eurobank Bulgaria, has become the fourth largest bank in Bulgaria in terms of loans and deposits, with assets exceeding BGN 6.3 B.
Anchor investors bid for chunk of Greek Eurobank's share offer
Greece's bank bailout fund received bids from anchor investors, including Canada's Fairfax (FFH.TO) and York Capital, for a big chunk of Eurobank's (EURBr.AT) 2.86 billion euro share offering, a senior banking source close to the talks said on Tuesday.