Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

1.1. Aktua Hellas Holdings S.A. (“Aktua”), a joint venture between Hellas Acquisition Luxco S.À R.L. (“Centerbridge”) and Alpha Bank A.E. (“Alpha Bank”) will enter into a share purchase agreement with Wallcan LP pursuant to which Aktua will acquire the entire issued share capital of Kaican Services Limited (“Kaican”) (together, the “Transaction”). The Transaction constitutes the acquisition of joint control over Kaican by Centerbridge and Alpha Bank.

2.2. Centerbridge is managed by affiliates of Centerbridge Partners, L.P. (“Centerbridge Partners”) which is an investment management firm with offices in New York and London focused on private equity and distressed investment opportunities. Centerbridge Partners is dedicated to partnering with world-class management teams across targeted industry sectors to help companies achieve their operating and financial objectives.

3.3. Alpha Bank is the parent company and the principal bank of Alpha Bank group which offers a wide range of financial products and services, including retail banking, SMEs and corporate banking, asset management and private banking, the distribution of insurance products, investment banking, brokerage and real estate management.

4.4. Kaican is a coordinator of debt management services, including collection services for both mortgage debt and consumer non-performing loans, management information system services, and recoveries. Kaican’s primary activities relate to the co-ordination of Greek management service providers on behalf of two Irish securitisation vehicles that hold Greek-based non-performing loan portfolios.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.