Portugal’s BCP selling all of its stake in Piraeus Bank

By Yiannis Papadoyiannis Portuguese banking group Millennium BCP began on Tuesday the sale to institutional investors of its entire stake in Piraeus Group, in an ultra-rapid process that is indicative of the high interest Greek assets are generating.The package that went on sale concerns 235 million shares amounting to 4.5 percent of the Greek credit group, and an identical share of warrants ...

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