Brief: Piraeus Financial Holdings Enters Exclusive Talks to Acquire 70% Stake in Ethniki Insurance For EUR 469 Million

Piraeus Bank SA

06/02/2025 08:16

Feb 6 (Reuters) - Piraeus Financial Holdings SA
 BOPr.AT :
    * PIRAEUS FINANCIAL HOLDINGS SAYS IT ENTERED INTO EXCLUSIVE
DISCUSSIONS WITH CVC CAPITAL PARTNERS REGARDING THE POTENTIAL
ACQUISITION BY PIRAEUS OF A 70% STAKE IN ETHNIKI INSURANCE FOR 
EUR 469 MILLION
    * PIRAEUS FINANCIAL HOLDINGS SAYS POST THE COMPLETION OF THE
TRANSACTION PIRAEUS EXPECTS TO DIVERSIFY AND FURTHER STRENGTHEN
ITS REVENUE POOL AND TO DELIVER SIGNIFICANT VALUE UPLIFT TO ITS
SHAREHOLDERS

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