Piraeus Bank sells a tranche of its shipping business

Capt. John

Piraeus Financial Holding has revealed its subsidiary Piraeus Bank has reached an agreement with an entity affiliated with Davidson Kempner Capital Management for the sale of a shipping non-performing exposure (NPE) portfolio amounting to €400m ($450m) gross book value. The agreed consideration...

https://splash247.com/piraeus-bank-sells-a-tranche-of-its-shipping-business/

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