Greece's Alpha Bank (OTCPK:ALBKY) and EFG Eurobank call off their shotgun marriage as EFG's large portfolio of Greek sovereign debt makes it less attractive following the bond swap (a haircut of 53% as opposed to around 20% expected when the merger was announced). Shares are flying in Athens, Alpha +6.3%, EFG +5%.
Greece's Alpha Bank (OTCPK:ALBKY) and EFG Eurobank call off their shotgun marriage as EFG's...
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Symbol | Last Price | % Chg |
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ALBKY | - | - |
Alpha Services and Holdings S.A. |