Greek Piraeus Bank 27% stake sale oversubscribed by more than six times- source

Piraeus Bank SA

05/03/2024 11:47

ATHENS, March 5 (Reuters) - 
    The 
    sale
     of a 27% stake in Piraeus Bank by the country's HFSF bank
bailout bank has been oversubscribed more than six times, a
source close to the process told Reuters on Tuesday.
  
        The offering of the shares that started on Monday will
be 
    concluded on Wednesday afternoon.
  
    

 (Reporting by Lefteris Papadimas)
 ((lefteris.papadimas@thomsonreuters.com; +30 210 3376477;
Reuters Messaging: lefteris.papadimas.reuters.com@reuters.net))