Greece’s Piraeus Bank said on Friday it had reached a final agreement to buy Geniki Bank, the ailing Greek unit of French lender Societe Generale.
Societe Generale, which controls 99.1 percent of Geniki, had said in August that it was in talks with Piraeus on the Greek lender.
(source: Reuters)
See all the latest news from Greece and the world at Greekreporter.com. Contact our newsroom to report an update or send your story, photos and videos. Follow GR on Google News and subscribe here to our daily email!
