NICOSIA Cyprus’ largest bank, Bank of Cyprus, said Friday it has rejected three successive cash bids over the last three months by LSF XI Investments LLC to buy all its share capital on the grounds that they “fundamentally undervalue” the financial institution.
In a statement, the bank's Board
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Cyprus’ largest bank says it has rejected three successive cash bids by LSF XI Investments LLC to buy all its share capital over the last three months on the grounds that they “fundamentally undervalue” the financial institution