Greek regulator approves prospectus for Piraeus Bank stake sale

Piraeus Bank SA

03/03/2024 18:47

ATHENS, March 3 (Reuters) - Greece's capital markets
commission has approved the prospectus for the sale of shares in
Piraeus Bank  BOPr.AT  owned by the country's bank bailout fund
HFSF, it said on Sunday.
    The securities regulator said the shares will be sold via a
public offering in Greece. It did not give the size of the stake
 the Hellenic Financial Stability Fund (HFSF) would sell in the
bank.
    Two sources close to the process have told Reuters that the
HFSF was likely to sell its entire 27% stake in the bank in
early March. 

 (Reporting by Angeliki Koutantou; Editing by Jane Merriman)
 ((angeliki.koutantou@thomsonreuters.com; +30 2102214608;
Reuters Messaging: angeliki.koutantou.reuters.com@reuters.net))