By Lefteris Papadimas ATHENS (Reuters) - Demand for a 20% stake in Greece's National Bank (NBG) held by the country's bank bailout fund was covered by.
By Lefteris Papadimas ATHENS (Reuters) - Demand for a 20% stake in Greece's National Bank (NBG) held by the country's bank bailout fund was covered by.
Demand for a 20% stake in Greece's National Bank (NBG) held by the country's bank bailout fund was covered by more than six times on Tuesday, in the first day of a book-building process which ends later this week, a source with knowledge of the matter told Reuters. After injecting about 50 billion euros ($54.37 billion) to prop up Greece's four largest lenders in return for shares during the country's decade-long debt crisis which ended in 2018, state-controlled bank bailout fund HFSF started divesting its stakes last month. On Monday, HFSF concluded the sale of a 9% stake in Alpha Bank to UniCredit and announced plans to sell a 20% stake in NBG.
Demand for a 20% stake in
Greece s National Bank held by the country s bank bailout
fund was covered by more than six times on Tuesday, in the first
day of a book-building process, a source with.
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