Co-op receives two binding offers from investors

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Co-op receives two binding offers from investors
 © CyprusMail 2020
The state-owned Cooperative Central Bank (CCB) said it received proposals for the acquisition of its operations from two prospecting buyers.

“The proposals are now under review by the bank’s senior management, who is working closely with Citigroup Global Markets Limited as the exclusive financial advisor to CCB,” the bank said on Monday after the deadline for submission of binding offers expired. “We anticipate that the board of directors will meet as part of that review to consider the proposals and will provide further information at the appropriate...


This article was automatically added to our system 14-5-2018

Co-op receives two binding offers from investors


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