Friday August 29, 2014 Search
Weather | Athens
31o C
24o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
National Bank of Greece mulls second round offers for p/e business

National Bank of Greece is reviewing second-round bids for its London-headquartered private equity business and hopes to sell it "imminently," the bank's deputy chief executive Petros Christodoulou told Reuters.

"We are now going through the second round of the secondary sale process. We believe that this is an imminent thing," Christodoulou said. "It's most likely that it will be done by end-September."

He would not specify how many bidders were left, but said it was about a quarter of those who had initially shown interest. The business manages about 900 million euros in assets and has been on the market since January.

Christodoulou added that the bank may issue further debt soon, to follow a 750 million euro ($1.02 billion) five-year bond it issued in April at a lower interest rate than the Greek sovereign.

"If we find there is a market, there is a format, that is not competing with the issue we place, we could be in the market much sooner (than the next few months)," he said. [Reuters]

ekathimerini.com , Tuesday June 24, 2014 (10:37)  
Foreclosures threat pushed back
Athens rental rates tumble
Transforming OPAP buys top-up firm
Stocks edge lower as companies report key H1 financial results
Exam results spell trouble for some universities
Almost 73,000 teenagers received the good news Thursday that they have gained places at university or technical colleges (TEIs) but it appears that new questions are to be raised about the v...
Police names suspects in 400,000-euro heist
The police on Thursday issued the names and photographs of three suspects it believes were involved in an armed bank robbery northwest of Athens last week that netted almost 400,000 euros in...
Inside News
SOCCER
Panathinaikos, PAOK and Asteras Tripolis through to Europa League group stage
There was a triple success for Greek soccer on Thursday as PAOK, Panathinaikos and Asteras Tripolis made it through to the Europa League group stage. PAOK had a challenging task after a 1-0 ...
SOCCER
Olympiakos drawn against Spanish, Italian and Swedish champions in CL
Olympiakos will face the champions of Spain, Italy and Sweden in the group stages of Europe's top soccer tournament, the Champions League. Thursday's draw in Monaco was not particularly kind...
Inside Sports
COMMENTARY
The Lotus-Eaters
Turkey, a country branded by some as undemocratic and maladjusted by European standards, recently elected a new president Recep Tayyip Erdogan in a vote that was transparent and with a c...
EDITORIAL
A good start for culture
It took decades for a decision as obvious as keeping Greeces most popular museums and archaeological sites open all day and all week to be reached and acted on, and now we are beginning to ...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Panathinaikos, PAOK and Asteras Tripolis through to Europa League group stage
2. Foreclosures threat pushed back
3. Exam results spell trouble for some universities
4. Police names suspects in 400,000-euro heist
5. Athens rental rates tumble
6. Transforming OPAP buys top-up firm
more news
Today
This Week
1. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
2. Hardouvelis, ECB executive discuss bank program, stress tests
3. Greece to relaunch tender for mutual horesebetting license
4. Venizelos invites Simitis and Papandreou to PASOK 40th anniversary event
5. EU's Frontex to take lead from Italy in Mediterranean immigration crisis
6. Bad debt provisions hit Greece's PPC first half net profit
Today
This Week
1. Brussels warns Greece over plans to allow construction near Korinos beach
2. Merkel cites euros construction flaws as economy sputters
3. Attack on gay couple in Athens leaves one man needing surgery
4. Purification rituals
5. Second man held over double murder in Mani
6. The battle against progress
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.