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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
Provider: Thomson Reuters StreetEvents

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Eurobank Ergasias SA Announces Initiation of Merger Process With New Proton Bank SA

Monday, 7 Oct 2013 01:07pm EDT 

Eurobank Ergasias SA announced that its Board of Directors and the Board of Directors of New PROTON BANK SA (New Proton), decided to initiate the merger process of the two banks. The merger will be effected through the absorption of New Proton by Eurobank, by consolidating the assets and liabilities of the two merging banks, in accordance with the combined provisions of article 16 of l. 2515/1997 and articles 69-78 of cl. 2190/1920. The merger balance sheet common reference date will be June 30, 2013. 

Company Quote

-0.0060 -2.82%
19 Dec 2014