Payment Of €4.843 Per Share Finalizes Eurobank’s Complete Acquisition

Squeeze-Out Completion

Eurobank S.A., a subsidiary of Eurobank Ergasias Services and Holdings S.A., has consummated its acquisition of Hellenic Bank Public Company Limited through a meticulously executed squeeze-out process. In response to the May 8, 2025, approval from the Cyprus Securities and Exchange Commission (CySEC), the bank secured 100% ownership by exercising its squeeze-out rights.

Transaction Details

Under the terms of the transaction, Eurobank disbursed €4.843 per Hellenic Bank share, mirroring its earlier takeover bid. On June 10, 2025, eligible shareholders received the full consideration through multiple payment channels including cheque postings to addresses registered in the Central Securities Depository or Cyprus Stock Exchange Central Registry, direct bank transfers, and allocations to dedicated accounts for pledged or frozen shares. In compliance with Article 36 of the Takeover Bids Law (2007-2022) and related regulatory frameworks, the Cyprus Stock Exchange has officially recorded the transfer of the remaining 8,279,967 shares, corresponding to 2.006% of the bank’s issued capital.

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Strategic Rebranding And Integration

Amid its legal consolidation with Eurobank Cyprus, Hellenic Bank is poised for a brand transformation into Eurobank Limited, pending the necessary supervisory approvals. This strategic rebranding effort is designed to reinforce customer trust and deliver enhanced services by leveraging the robust operational framework and strategic expertise of the Eurobank Group. CEO Michalis Louis underscored that the name change symbolizes a renewed commitment to excellence and customer engagement as the newly consolidated entity embarks on a promising future.

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EU Invests €79 Billion In Environmental Protection As Companies Lead Spending

by THEFUTURE.TEAM

June 29, 2026

European Union member states invested €79 billion in environmental protection assets in 2025, according to Eurostat, reflecting continued spending on infrastructure aimed at reducing environmental impacts and managing natural resources.

The investment represented 0.4% of the EU’s gross domestic product and 1.9% of total investment across the economy.

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Wastewater Treatment Receives The Largest Share

Wastewater treatment attracted the largest share of environmental protection investment, accounting for 37.7% of total spending. Waste management followed with 27.3%, while air and climate protection projects represented 11.2%.

Companies Lead Environmental Investment

Businesses accounted for €49.6 billion, or 62.7%, of total environmental protection investment. Spending focused on specialised technologies and equipment designed to reduce the environmental impact of production processes.

These investments included equipment to reduce air emissions, the construction and maintenance of wastewater treatment facilities, vehicles used for waste transport, and waste collection plants. Companies also invested in land for natural reserves and biodiversity protection.

Public Sector Provides The Remaining Investment

General government and non-profit institutions accounted for the remaining 37.3% of environmental protection investment.

Eurostat’s figures show that wastewater treatment, waste management and air and climate protection accounted for the largest share of environmental protection investment across the European Union in 2025.

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