Linklaters and Skadden Arps Slate Meagher & Flom are advising on the merger of Greece's second and third largest banks, a tie-up which will create an institution with €147bn in total assets, reports The Am Law Daily. The merger of Alpha Bank and Eurobank, which comes amid the country's sovereign debt crisis, will make the combined entity the biggest lender in Greece and the largest bank in southeastern Europe.
August 30, 2011 at 05:26 AM
1 minute read
The original version of this story was published on Legalweek
Linklaters and Skadden Arps Slate Meagher & Flom are advising on the merger of Greece’s second and third largest banks, a tie-up which will create an institution with €147bn in total assets, reports The Am Law Daily.
The merger of Alpha Bank and Eurobank, which comes amid the country’s sovereign debt crisis, will make the combined entity the biggest lender in Greece and the largest bank in southeastern Europe.
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