Piraeus Bank acquired 52% of Trastor AEEAP

Piraeus Bank acquired 52% of Trastor AEEAP and the price paid amounted to 98 million euros.

The entire announcement of Piraeus Financial Holdings SA

Piraeus Financial Holdings SA Following a relevant announcement of January 21, 2022, informs the investing public that its subsidiary, Piraeus Bank PEIR -1.06% SA, has completed the acquisition of a 52.0% stake in Trastor Real Estate Investment Societe Anonyme (SA). .EAP) by WRED LLC, a company affiliated with Värde Partners, after obtaining all necessary approvals, including the consent of the Financial Stability Fund.

The price paid amounted to € 98 million (€ 1.25 per share).