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Alpha Bank Romania and UniCredit Bank Romania Set to Merge

Greek group Alpha Services and Holdings, which owns Alpha Bank, and Italian group UniCredit have agreed the main financial conditions for the merger between Alpha Bank Romania and UniCredit Bank Romania, as part of an international strategic partnership.

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UniCredit to acquire Greek bank Alpha stake in Romania deal

UniCredit said on Monday it plans to become Alpha Bank s biggest investor by buying a 9% stake owned by Greece s bank bailout fund, as the Italian lender also agreed to acquire most of Alpha s.

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UniCredit and Alpha Services and Holdings announce merger in Romania and strategic partnership in Greece

UniCredit and Alpha Services and Holdings announce merger in Romania and strategic partnership in Greece
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Indices subdued; UniCredit and BPER Bank do well

A bearish tone prevails in the major European exchanges mid-day Monday, albeit with indexes close to parity, reflecting a cautious sentiment as traders digest new corporate results in various markets.

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UniCredit, Alpha Bank to merge Romanian units

UniCredit Romania, part of Italy’s UniCredit, announced on Monday that it will merge with Alpha Bank Romania, a subsidiary of Greece’s Alpha…

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