Proceeds to official comment on Bloomberg report on possible purchase of Caius and CarVAl stake
By Panagiotis Rougalas
One day after Bloomberg published that two major shareholders of the Bank of Cyprus are looking to sell the shares they have to the Bank with a possible buyer Alpha Bank, the Alpha Bank group denies this.
According to an official announcement by Alpha Bank to the Athens Stock Exchange, it emphasizes that the reports that were presented about a possible interest in acquiring part of the Bank of Cyprus shares are untrue.
“For the correct information of the investing public, Alpha Services and Participations A.E. refutes as untrue recent reports in the electronic press, according to which Alpha Holdings has entered into negotiations for the acquisition of a stake in Bank of Cyprus Holdings Public Limited Company from its existing shareholders,” he notes.
In the official announcement of the CSE, emphasizes that, “in the context of the implementation of its announced Strategic Plan, Alpha Holdings monitors the market for the evaluation of investment opportunities and informs the investing public in accordance with the existing legislation”.
It is recalled that on Thursday Bloomberg reported that Caius Capital and CarVal Investors have appointed an Advisor for the possible sale of the shares they hold in Bank of Cyprus, amounting to approximately 15%.
The publication wanted one of the interested parties to buy this 15% should also be Alpha Bank.
