NAT. BANK OF GREECE SA
NBG increases its shareholding in Finans Leasing (Turkey).
NBG's public tender offer to buy shares in Finans Leasing, an NBG Group company listed on the Istanbul Stock Exchange, was completed on Friday 13 August 2010.
Through the said tender offer NBG acquired 27.3% of Finans Leasing for TRY 81.7 million (approx. € 42 million) thereby increasing its direct holding from 2.55% to 29.85%. Following this, the NBG Group's total shareholding in Finans Leasing --including shareholdings via its subsidiaries Finansbank and Finans Invest-- amounts to 89.1%.
Through the said tender offer NBG acquired 27.3% of Finans Leasing for TRY 81.7 million (approx. € 42 million) thereby increasing its direct holding from 2.55% to 29.85%. Following this, the NBG Group's total shareholding in Finans Leasing --including shareholdings via its subsidiaries Finansbank and Finans Invest-- amounts to 89.1%.