Demetra Investments Ltd increased its stake in Hellenic Bank from 18.42 per cent to 21.01 per cent on Tuesday, according to a CySEC announcement.
Bank sources indicate that Demetra Investments bought off the European Bank of Reconstruction and Development stake for an estimated €10 million.
This makes Demetra the largest Hellenic shareholder, dethroning Wargaming Group’s 20.6 per cent.
Continue reading at source: Cyprus Mail
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