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Greek National, Eurobank shares soar after buyout offer
October 8, 2012 / 7:41 AM / 5 years ago

Greek National, Eurobank shares soar after buyout offer

ATHENS, Oct 8 (Reuters) - Shares in Greek lenders National Bank and Eurobank were surging in Athens on Monday after the first offered on Friday to buy out the latter in an all-share deal.

National shares were up 16 percent to 2.43 euros ($3.17) at the start of trading. Eurobank shares rose as much as 16 percent to trade 11 percent higher at 0736 GMT to 1.30 euros. ($1 = 0.7657 euros) (Reporting by Harry Papachristou)

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