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Hellenic Bank has signed a share-purchase agreement with MetLife Services Cyprus Limited (“MetLife”) for the acquisition of the entire participation interest of MetLife, equal to 27,5%, in the share capital of Hellenic Alico Life Insurance Company Limited (“Hellenic Alico Life”). According to a relevant announcement, the transaction is subject to regulatory approvals and is expected to be completed in the first quarter of 2020.Hellenic Alico Life is a joint venture between the Bank and MetLife, established in 2000, and has …
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