Third Point May Want Cypriot Hellenic Bank: Phileleftheros

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Third Point May Want Cypriot Hellenic Bank: Phileleftheros 2013-10-31 10:52:47.91 GMT

By Paul Tugwell Oct. 31 (Bloomberg) -- Third Point representatives have already met with Central Bank of Cyprus to express “serious interest” in acquiring majority of Hellenic Bank share capital, Nicosia-based Phileleftheros newspaper reports, citing unidentified CBC officials. * Third Point wants to buy shares from planned capital increase worth minimum EU60m, prepared to cover full EU168m increase: Phileleftheros * NOTE: Hellenic Bank said Oct. 29 in Cyprus bourse filing that it received investor interest in capital increase * NOTE: Third Point Fund Invests $60m in Greece’s Energean Oil & Gas NSN MMSNKX6JIJV3 <GO> * NOTE: Third Point Plans Greek-Focused Hedge Fund on Recovery Bet NSN ML3C7V6JTSF4 <GO>

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--Editors: Jerrold Colten, Marco Bertacche

To contact the reporter on this story: Paul Tugwell in Athens at +30-210-74-19-073 or ptugwell1@bloomberg.net

To contact the editor responsible for this story: Jerrold Colten at +39-02-8064-4261 or jcolten@bloomberg.net