| Chicago Tribune | - |
ATHENS (Reuters) - Piraeus Bank has been chosen to take over the Greek branches of Cypriot lenders that are being sold, Greece's bank bailout fund confirmed on Friday. The deal is subject to approval by European competition authorities, a statement ...
Greece confirms Piraeus picked to buy Cypriot units
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ATHENS (Reuters) - Piraeus Bank has been chosen to take over the Greek branches of Cypriot lenders that are being sold, Greece's bank bailout fund confirmed on Friday.
The deal is subject to approval by European competition authorities, a statement from the Hellenic Financial Stability Fund said. It did not provide terms of the deal.
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(Reporting by George Georgiopoulos, writing by Deepa Babington)
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