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Wednesday, July 10, 2013

Fourth Greek lender submits bid for troubled Postbank

has submitted a binding offer to buy New Hellenic Postbank (TT) ahead of a July 15 bidding deadline, Geniki said on Wednesday.Greece has agreed with its European Union and International Monetary Fund lenders to sell TT and small lender Proton by mid-July in order to get more funds under a 240 billion-euro bailout keeping the country afloat.Senior bankers told Reuters on Tuesday that three of the ...

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