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Piraeus Bank SA Announces Completion Of Sale Of Marathon Banking Corporation To Investors Bancorp Inc

Tuesday, 16 Oct 2012 03:32am EDT 

Piraeus Bank SA announced that on October 15, 2012, the sale of its participation (98.5%) in Marathon Banking Corporation to Investors Bancorp Inc was completed in New York. Piraeus Bank proceeds from the sale were USD133 million representing 1.5 times Marathon's Tangible Book Value. 

Company Quote

-0.06 -0.57%
15 Sep 2014