November 25, 2018 / 7:31 PM / 19 days ago

Greece's Eurobank to acquire Grivalia Properties -Eurobank source

ATHENS, Nov 25 (Reuters) - Eurobank, Greece’s third-largest lender, will acquire real estate company Grivalia Properties, a Eurobank official told Reuters on Sunday.

The deal will be a share-swap transaction and boost the lender’s capital base by about 1 billion euros ($1.13 billion), the official said without giving the value of the deal. ($1 = 0.8819 euros) (Reporting by George Georgiopoulos; Writing by Angeliki Koutantou; Editing by David Goodman)

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