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Alpha Bank SA Announces Sale Of JSC Astra Bank Ukraine


Friday, 19 Jul 2013 03:16am EDT 

Alpha Bank SA announced that, on July 18, 2013, it entered into an agreement with Delta Bank Group (Ukraine) for the sale to the latter of shares in its subsidiary JSC Astra Bank Ukraine representing its entire share capital. The sale is to be carried out for a consideration of EUR 82 million and is capital neutral for Alpha Bank. The transaction is expected to close in the fourth quarter of 2013 and is subject to customary regulatory approvals. 

Company Quote

0.187
0.0020 +1.08%
26 Nov 2014