We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Spartan alternatives

23 February 2011 By George Hay

Greece’s thirdlargest bank has rejected a 3 billion euro bid from its larger rival. Merging with another peer, EFG, would allow Alpha to extract similar savings without ceding control. The combination has drawbacks. But exploring a deal could help Alpha squeeze more out of NBG.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)