Deadline for investor interest in co-op extended

The deadline for interested parties to submit binding bids for the acquisition of the co-operative bank or part of it, has been extended to mid-May, it was reported on Wednesday.
Citing unnamed source, CNA said the delay had been approved by the European Central Bank and the Single Supervisory Mechanism (SSM), which supervises Cyprus’ four systemic banks.
Under the initial timeframe, binding offers should have been submitted by next Monday, the Cyprus News Agency said.
“The process is going well, the interest is considerable and serious and therefore there should be sufficient time for a decision,” the same source told CNA.

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Deadline for investor interest in co-op extended

The deadline for interested parties to submit binding bids for the acquisition of the co-operative bank or part of it, has been extended to mid-May, it was reported on Wednesday. Under the initial timeframe, binding offers should have been submitted by next Monday, the...

Cyprus Mail ·

Deadline for investor interest in co-op extended

Deadline for investor interest in co-op extended

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