WG News- This is interesting

[Tpaktop2_1 NA]

  

Quote

 

Wargaming has announced its decision to sell its remaining stake of 6.8% (28,023,767 shares) in Hellenic Bank to Eurobank.

The deal is valued at 65.9 million euros, equivalent to €2.35 per share.

Eurobank Cyprus, the local subsidiary of Greece’s Eurobank Group, will have a controlling share of over 50% in Hellenic, the second largest lender.

Provident funds of the directors and senior management of Wargaming have also agreed to sell their entire stake (0.4% or 1,686,245 shares) in Hellenic Bank to Eurobank for €4 million (also at €2.35 per share) on the same terms.

 

Source: https://www.ekathimerini.com/economy/1219063/wargaming-confirms-decision-to-sell-hellenic-bank-stake/

I wonder if this is because Wargaming does not want to be associated with the Hellenic Bank or they need the money?

[Wolfswetpaws]

  
 

[Aragathor]

3 hours ago, Tpaktop2_1 NA said:

I wonder if this is because Wargaming does not want to be associated with the Hellenic Bank or they need the money?

WG has already sold some of their shares before, on the 30th of November 2022.

There's also a large scale movement to invest/acquire Greek banks as the nation comes back from the economic downturn. So it's not an issue of association, especially since the Hellenic bank is WGs primary money handler.

This is a hard sale, not only WG but also the execs had sold shares they had. Which means a total pull out. I'm broadly guessing here, but seeing as top level WG execs are Belarusian and Russian, it might mean they got told to sell and GTFO.

PS: Don't forget that Cypriots don't like WG, in 2020 they started investigating the company due to golden passport scams.

PPS: The CMs on Discord are already blaming the patch bugs on the lack of staff:

Edited September 15, 2023 by Aragathor

[Tpaktop2_1 NA]

1 hour ago, Aragathor said:

WG has already sold some of their shares before, on the 30th of November 2022.

There's also a large scale movement to invest/acquire Greek banks as the nation comes back from the economic downturn. So it's not an issue of association, especially since the Hellenic bank is WGs primary money handler.

This is a hard sale, not only WG but also the execs had sold shares they had. Which means a total pull out. I'm broadly guessing here, but seeing as top level WG execs are Belarusian and Russian, it might mean they got told to sell and GTFO.

PS: Don't forget that Cypriots don't like WG, in 2020 they started investigating the company due to golden passport scams.

PPS: The CMs on Discord are already blaming the patch bugs on the lack of staff:

Curiouser and Curiouser

Thanks

[Admiral_Karasu]

1 hour ago, Aragathor said:

WG has already sold some of their shares before, on the 30th of November 2022.

There's also a large scale movement to invest/acquire Greek banks as the nation comes back from the economic downturn. So it's not an issue of association, especially since the Hellenic bank is WGs primary money handler.

This is a hard sale, not only WG but also the execs had sold shares they had. Which means a total pull out. I'm broadly guessing here, but seeing as top level WG execs are Belarusian and Russian, it might mean they got told to sell and GTFO.

PS: Don't forget that Cypriots don't like WG, in 2020 they started investigating the company due to golden passport scams.

PPS: The CMs on Discord are already blaming the patch bugs on the lack of staff:

I think you came up with the correct answer there. Cyprus is probably doing some house cleaning.