Andrea Orcel’s complex deal with Alpha Bank ultimately opens a new front in the Milan-based lender’s pan-European strategy: Greece. On the face of it, UniCredit’s purchase of Alpha Bank’s Romania ...
At the end of October, Italy’s UniCredit announced a two-part deal with Greek bank Alpha under which it will merge the two lenders’ asset in Romania and buy a 9% stake in Alpha Bank from the Greek ...
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. Alpha ...
UniCredit said it would double its stake in Alpha Bank to around 20%, deepening a partnership with one of Greece's largest lenders at a time when its expansion efforts are facing roadblocks. The ...