APS Holdings Corporation (KOSDAQ:A054620) agreed to acquire a portfolio of Romanian related Non-Performing loans and repossessed properties from Bank of Cyprus Holdings Public Limited Company (CSE:BOCH) for €147 million on May 31, 2022. The transaction will close after receiving the antitrust clearance from the Romanian Competition Council. Deal advisors consisted of Reff and Associates, Deloitte Legal and Deloitte Romania. The transaction was signed in May and was finalized on August 24, after receiving the approval of the Romania's anti-trust body.

APS Holdings Corporation (KOSDAQ:A054620) acquired a portfolio of Romanian related Non-Performing loans and repossessed properties from Bank of Cyprus Holdings Public Limited Company (CSE:BOCH) on August 24, 2022.