Tuesday April 21, 2015 Search
Weather | Athens
14o C
09o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
US billionaire eyes 'significant' portion of 1 bln euros of new shares from Bank of Cyprus

US billionaire Wilbur Ross said on Tuesday that he will take a significant portion of the 1 billion euros worth of new shares being sold by Bank of Cyprus but that the complexities of the deal make it impossible to say how much at this point.

Bank of Cyprus announced on Monday night that institutional investors, including some introduced by Ross, wanted to buy 1 billion euros worth of shares in the bank, but might only be able to get 800 million euros worth if existing shareholders also commit more capital.

Were not 100 percent sure of how many shares any of us will end up buying, Ross told Reuters in a phone interview. [Reuters]

ekathimerini.com , Wednesday Jul 30, 2014 (20:17)  
Euro-area debt levels surge to record, led by Greece
ECB studying curbs on Greek bank support
Greek markets slide on reports ECB planning to restrict bank funding
Pension and lump sum cuts to be frozen
UN urges Europe to put asylum at center of Mediterranean debate
GENEVA - The UN refugee agency on Tuesday urged European leaders to do more to help Greece and Italy cope with the migrant crisis in the Mediterranean and to put protection of people at the ...
More than 120 migrants reach Greek shores, a day after fatal sinking
Greek authorities have picked up more than 120 migrants who illegally entered the country by sea on three separate vessels, a day after a yacht with 90 people on board foundered just off the...
Inside News
BASKETBALL
Panathinaikos recovers to beat CSKA for 2-1
Three-pointer master Panathinaikos had the last laugh at the end of Game 3 of its series with CSKA Moscow on Monday winning 86-85 and reducing the Russians' lead to 2-1 in the best-of-five p...
GYMNASTICS
Petrounias wins gold in Europeans
Lefteris Petrounias won his first gold medal in a European Artistic Gymnastics Championship on Saturday finishing first in the rings at Montpellier in France. Petrounias was impeccable in th...
Inside Sports
COMMENTARY
Tragedy in the Mediterranean
Every time we in the West see yet another video of an atrocity committed by Islamic State or Boko Haram and express our abhorrence, and every time we are shocked to read of a boatload of mig...
EDITORIAL
Silence is not an option
There is no shortage of politicians, lobbyists and unionists from the center right who have backed the government, whether tacitly or explicitly. Naturally, when it was first elected, the go...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. UN urges Europe to put asylum at center of Mediterranean debate
2. More than 120 migrants reach Greek shores, a day after fatal sinking
3. Greek municipalities outraged by state move to use funds
4. EU proposes doubling rescue effort, schedules crisis meeting on Thursday
5. Greek PM to meet German chancellor on sidelines of immigration meeting
6. Euro-area debt levels surge to record, led by Greece
more news
Today
This Week
1. Greek government's popularity takes a hit as talks drag on
2. Tragedy in the Mediterranean
3. Two men accused of migrant smuggling face prosecutor over deadly shipwreck
4. No ferries on Labor Day as seamen take industrial action
5. Silence is not an option
6. ECB studying curbs on Greek bank support
Today
This Week
1. Quarantine for Greek bank subsidiaries in neighboring countries
2. Greek finance ministry hits back at German newspaper report
3. Time to get serious
4. Putting off payments led to Q1 budget primary surplus
5. Obama calls for flexibility in Greek reform talks in brief exchange with Varoufakis
6. Greece denies report that it is preparing for debt default
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2015, H KAΘHMEPINH All Rights Reserved.