CIB>>News>>CIB extends the SPA period for CI Capital deal for 15 days

CIB extends the SPA period for CI Capital deal for 15 days

26/5/2016 12:00 AM

​​In reference to the Bank’s release dated May 12th, 2016 which included disclosing that CIB and Beltone Financial Holding (“Beltone”) have extended the validity of the signed SPA pertaining to the sale of the Bank’s shares in CI Capital Holding (“CI Capital”) to expire on May 26th, CIB would like to announce that it will extend the SPA validity for 15 days commencing from today, May 26th, 2016 to expire on June 9th, 2016.

The Bank will inform the market with any material event resulting from said acquisition process.