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UniCredit said it would double its stake in Alpha Bank to around 20%, deepening its partnership with one of Greece’s top lenders at a time when its expansion efforts elsewhere are facing ...
UniCredit SpA paid slightly more than €600 million ($677 million) to double its stake in Greece’s Alpha Services and Holdings SA, according to people familiar with the matter.
UniCredit has doubled its stake in Greece's Alpha Bank to nearly 20% subject to regulatory approval, the Italian bank said on Wednesday, as it diverted its attention away from M&A stumbling blocks ...
UniCredit SpA offered to buy the Greek state’s holding in Alpha Bank and agreed to acquire Alpha’s Romanian unit, in the first strategic deal struck under Chief Executive Officer Andrea Orcel.
UniCredit UCG1.96%increase; green up pointing triangle said it would double its stake in Greece’s Alpha Services to around 20% after entering into agreements with investment banks for financial ...
The latest investment means that UniCredit has spent almost €1 billion in less than two years on its Alpha Bank holdings. This includes a €293 million payment in 2023 to buy the Greek state ...
A strategically important agreement is sealed: the increase of UniCredit's participation in the share capital of Alpha Bank - ...
UniCredit's exceptional performance under CEO Andrea Orcel has led to a 14-year high in share price, outperforming the S&P 500 by 14 times. The bank's Q1 2025 results show a 3.20% increase in net ...
UniCredit SpA (IT:UCG) has released an update.UniCredit has successfully acquired a 90.1% stake in Alpha Bank Romania, marking a significant step in its strategic expansion in Eastern Europe.