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Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: Reuters Investment Profile
Provider: GlobalData

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Alpha Bank SA acquires Citibank's Greek retail operations

Friday, 13 Jun 2014 03:02am EDT 

Alpha Bank SA:Says it has entered into a definitive agreement with Citibank International plc and Citibank Overseas Investment Corporation ("Citi") for the acquisition of Citi's Greek retail banking business, including Diners Club of Greece.Says completion is expected within third quarter of 2014, following receipt of applicable approvals.Says the transaction is subject to customary terms and conditions, including closing balance sheet reviews.