5 Minute News

Major Acquisitions in the Cypriot Market in 2024

January 2, 2025

In 2024, significant acquisitions marked the Cypriot business landscape, impacting various economic sectors. Notable transactions include the acquisition of CNP Cyprus Insurance Holdings by Hellenic Bank and the acquisition of Hellenic Bank by Eurobank. These moves are expected to strengthen the positions of the involved companies in their respective markets. Existing business operations will continue independently without immediate effects for customers.