EC approves the takeover of Alpha Bank Romania by UniCredit
- Admin
- Jun 12, 2024
- 1 min read
The European Commission approves the takeover of Alpha Bank Romania by UniCredit. UniCredit agrees to acquire Alpha Bank's Romanian subsidiary and a 9% stake held by the Greek Government. The merger creates the third largest bank in Romania with a 12% market share. Completion of the transaction is expected in 2024.
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