ATEbank announces that its Εxecutive Committee in charge for the evaluation of the binding offers submitted by GROUPAMA and ERGO, following the already adopted by the Bank procedure concerning the sale of the 50.08% of its equity participation in ATE Insurance, decided to qualify GROUPAMA as the first preferred strategic investor in order to commence exclusive negotiations
The negotiations between the two parties will commence immediately, and , by no way or means, the result of the competition can be considered as prejudged.
ATEbank's Board of Directors will make the final decision regarding the result of the competition.