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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

10.47
-0.06 -0.57%
15 Sep 2014