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Greek Competition Authority: Clearance of Piraeus Bank's acquisition of Greek banking businesses

( September 3, 2013, 15:05 GMT | Official Statement) -- MLex Summary: The Greek competition authority has unconditionally approved the acquisition of the Greek banking businesses of the Bank of Cyprus, Cyprus Popular Bank and Hellenic Bank by Greece's Piraeus Bank. The national regulator cleared the tie-up  following an in-depth review, but allowed the transaction to close in March, prior to granting competition approval....

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