Hellenic Bank’s €10.3 Billion Acquisition of Cyprus Cooperative Bank’s Assets and Liabilities

Shearman & Sterling advised the Cyprus Cooperative Bank on the sale of certain assets and liabilities to Hellenic Bank. The transaction involved the acquisition of around €10.3 billion of assets.

Hellenic Bank Public Company Limited provides a range of banking and financial services. It operates in two segments, Banking and Financial Services and Insurance services.

Shearman & Sterling advised the Cyprus Cooperative Bank with a team incuding Frank Miller (Picture), David Dixter, Patrick Clancy, Simon Letherman, Barnabas Reynolds, James Webber, Kolja Stehl, Brandon Whittaker, Nick Withers, Caitlin Ludwigsen, Josephine Good, Joe Ohlson, Michael Ward and Matthew Humphreys

Involved fees earner: Patrick Clancy – Shearman & Sterling; David Dixter – Shearman & Sterling; Josephine Good – Shearman & Sterling; Matthew Humphreys – Shearman & Sterling; Simon Letherman – Shearman & Sterling; Caitlin Ludwigsen – Shearman & Sterling; Frank Miller – Shearman & Sterling; Joe Ohlson – Shearman & Sterling; Barnabas Reynolds – Shearman & Sterling; Kolja Stehl – Shearman & Sterling; Michael Ward – Shearman & Sterling; James Webber – Shearman & Sterling; Brandon Whittaker – Shearman & Sterling; Nick Withers – Shearman & Sterling;

Law Firms: Shearman & Sterling;

Clients: Cyprus Cooperative Bank;

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