Friday 19 July 2013

Delta Bank Group acquiring Astra Bank

Delta Bank Group acquiring Astra Bank:

"The Delta Bank Group has announced that is is acquiring a 100% stake in Astra Bank (both based in Kyiv).

"On July 18, 2013, an agreement to sell 100% in public joint-stock company Astra Bank was signed between Alpha Bank А.К. (Greece) as a seller and a company affiliated with public joint-stock company Delta Bank, as a buyer. The deal will be finalized after receiving relevant permits from the Antimonopoly Committee of Ukraine and National Bank of Ukraine," Delta Bank told Interfax-Ukraine on Friday.

As reported, in late April 2013, Swedbank finalized a deal on the sale of its subsidiary bank Swedbank to the key shareholder in Delta Bank, Mykola Lahun. In May 2013, Swedbank was renamed Omega Bank. Lahun is the owner of Kreditprombank."

'via Blog this'

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