Cooperative Central Bank receives bids by two prospective buyers

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Cooperative Central Bank receives bids by two...
 © In-Cyprus 2020
The Cooperative Central Bank (CCB) announced on Monday it has received two bids as part of its privatisation process launched in March. Sources told CNA, that Hellenic Bank, a Cypriot commercial bank and US assete Manager, Apollo Global Management, submitted binding offers, as the deadline for the submission of bids ended today.

“The Cyprus Cooperative Bank is pleased to confirm that it has received today two proposals from interested parties relating to a Strategic Transaction as per the Invitation for Expressions of Interest,” a press release issued by the CCB writes....


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

Cooperative Central Bank receives bids by two prospective buyers


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