Key Takeaways
- • Paulson & Co sold a block of 35 million Piraeus Bank shares, equal to 2.83% of the bank, through JP Morgan at EUR9.51 per share.
- • The block priced at the bottom of the EUR9.51-9.68 range, raising about EUR332.8 million according to the publisher summary.
- • Including smaller sales below the 3% disclosure threshold since late 2025, Paulson has sold about 71 million Piraeus shares this year.
Summary
Paulson & Co, the investment firm associated with John Paulson, sold a block of 35 million shares in Piraeus Bank, representing 2.83% of the Greek lender, according to the publisher summary. The sale was executed through JP Morgan at EUR9.51 per share, the bottom of the EUR9.51-9.68 range, raising about EUR332.8 million. The headline cites $373 million, while the source reports proceeds in euros.
The publisher summary states that Paulson has also made smaller sales below the 3% disclosure threshold since late 2025. Counting these transactions, the firm has sold about 71 million Piraeus shares this year. The source summary is incomplete, so further detail on the remaining stake, buyers, or the timing of the sales is not available in the primary material.
The publisher summary states that Paulson has also made smaller sales below the 3% disclosure threshold since late 2025. Counting these transactions, the firm has sold about 71 million Piraeus shares this year. The source summary is incomplete, so further detail on the remaining stake, buyers, or the timing of the sales is not available in the primary material.
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