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Qatari group buys stake in Alpha Bank
- Qatar: Tuesday, July 01 - 2008 at 07:58
A Qatari group has bought a 4% stake in Alpha Bank, Greece's third-largest bank, for 296 million euros ($468m), reported Bloomberg. Paramount Services Holding, which says it represents one of the most prominent families in Qatar, is now the biggest shareholder in the Athens-based bank after the founding Kostopoulos family and Stichting Pensioenfonds, Europe's second-largest pension plan.
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Jeff Florian, Senior ReporterTuesday, July 01 - 2008 at 07:58 UAE local time (GMT+4)
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