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Pin to quick picksBank Of Georgia Group Share News (BGEO)

Share Price Information for Bank Of Georgia Group (BGEO)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 4,140.00
Bid: 4,160.00
Ask: 4,180.00
Change: -45.00 (-1.08%)
Spread: 20.00 (0.481%)
Open: 4,270.00
High: 4,375.00
Low: 4,110.00
Prev. Close: 4,185.00
BGEO Live PriceLast checked at -

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Bank of Georgia gets green light for Ameriabank acquisition

Tue, 02nd Apr 2024 07:23

(Sharecast News) - Bank of Georgia announced a milestone in its expansion plans involving the acquisition of Ameriabank on Tuesday.

The FTSE 250 company's shareholders approved the proposed acquisition through an ordinary resolution on 14 March.

Following the shareholder approval, the firm said it had has received regulatory clearance from the National Bank of Georgia.

With that green light, it was now poised to advance towards completion, pending the necessary regulatory approvals in Armenia.

The board and management confirmed on Tuesday that the Armenian Competition Protection Commission and the Central Bank of Armenia has granted unconditional approval.

At 0829 BST, shares in Bank of Georgia Group were up 0.99% at 5,100p.

Reporting by Josh White for Sharecast.com.

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17 May 2023 10:16

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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10 May 2023 15:45

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9 May 2023 10:15

IN BRIEF: Bank of Georgia gets rating upgrade from Fitch Ratings

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28 Dec 2022 14:16

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