Brief: UniCredit Increases Stake In Alpha Bank To 29.5%
Oct 30 (Reuters) - UniCredit SpA CRDI.MI: INCREASES STAKE IN ALPHA BANK TO 29.5% ECB AUTHORIZES UNICREDIT TO BUY UP TO 29.9% STAKE CAPITAL IMPACT OF FULL CONVERSION AROUND -80 BASIS POINTS CET1 AFTER RECEIVING REMAINING REGULATORY APPROVALS, 9.8% OF STAKE TO BE EQUITY CONSOLIDATED BRINGING AN EQUIVALENT AMOUNT OF ALPHA BANK NET PROFIT TO BOTH UNICREDIT REVENUE AND NET PROFIT LINES Further company coverage: CRDI.MI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
Recent news on Alpha Bank SA
See all newsBrief: Alpha Bank Receives Approval For Voluntary Public Tender Offer To Acquire 100% Of Alpha Trust Holdings
Alpha Bank's quarterly earnings slip on weaker trading income, higher staff costs (updated)
Alpha bank profits ease in first quarter
UniCredit posts record quarterly profit as it kicks off Commerzbank bid (updated)
Brief: Alpha Bank Announces Binding Agreements To Acquire 69.61% Of Alpha Trust Holdings