The Greek bank Piraeus Bank, one of the few banks, which are not present on the capital market, will take over the brokerage company European Securities, sources on the capital market say. On the other hand, another Greek bank, Egnatia Bank is to become majority stakeholder in a brokerage company, which has recently changed its name to Egnatia Securities, but whose controlling stake is currently owned by a Greek businessman. The company has recently changed its name from Netinvest to Egnatia Securities. European Securities is 40% owned by Boulgozo Engineering, a company registered in Cyprus, while Vivid Holdings, based in the Marshall Islands owns 33%, with the rest of the shares being held by Greek businessmen. European Securities is currently one of the middle-sized companies on the market, whose clients include investment funds, particularly Greek ones. The takeover will also indirectly provide the bank with a 0.7% stake in the Bucharest Stock Exchange. The stake will, however, lose the voting right attached to it, if the company merges with the bank. ZF
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
