Morgan Stanley (MS.N) has increased its holding in Alpha Bank (ACBr.AT) to 5.1 percent from 4.965 percent, the Greek lender said in a bourse filing on Monday, adding that the transaction was unsolicited. Alpha Bank rejected an all-share offer by larger rival National Bank (NBGr.AT) to merge in February. It was the first move after calls by Greek officials on banks to explore tie-ups to better cope with the country's debt crisis. Alpha Bank said Morgan Stanley acted as National Bank's main adviser on its proposed merger with Alpha, which NBG said was friendly.
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