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Tuesday, June 4, 2013

Greece's Alpha Bank raises private capital to avoid state control


Greece's Alpha Bank raises private capital to avoid state control
Reuters
ATHENS, June 3 (Reuters) - Greece's third-largest lender Alpha Bank raised more than the required proportion of a share offering to plug a capital hole from private investors, allowing its existing managers to keep control. Alpha is the first of the ...
Greece's Alpha Bank Raises Capital to Avoid Full NationalizationWall Street Journal
Greece's Alpha Bank avoids nationalizationNewsday
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READ THE ORIGINAL POST AT www.reuters.com