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Europe Daily Bulletin No. 8629

23 January 2004
Contents Publication in full By article 55 / 57
ECONOMIC INTERPENETRATION / (eu) privatisation

Greece: SOCIETE GENERALE (France) has been named "final investor" in NATIONAL BANK OF Greece (balance sheet of 3.3 billion EUR, with a network of 114 agencies and 2300 employees), as part of its privatisation. To take 22.34% of the capital, SOCIETE GENERALE will spend nearly 36 million EUR. It intends to take over 50% of the Greek bank via an increase in capital, to then propose to buy the assets of other shareholders.

 

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION
SUPPLEMENT