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CySEC monitoring BoC takeover offers, Senvest increases share percentage
August 26, 2022
Cyprus Securities and Exchange Commission (CySEC) chairman George Theocharides on Thursday said that the commission is closely monitoring the non-binding takeover offers submitted by private equity firm Lone Star for the Bank of Cyprus.
The commission is also in consultation with both the Bank of Cyprus and the corresponding supervisory authority in Ireland, the Irish Takeover Panel.
“The Cyprus Securities and Exchange Commission is closely monitoring the matter and whether the provisions of the relevant takeover law are being observed,” Theocharides said.