Ferit Sahenk
Procopiou-owned company acquires stake in Astir Palace’s holder
A corporate entity owned by George Procopiou, one of Greece's leading shipowners, has spent about 150 million euros on acquiring a third of the shares of the Apollo Investment Holdco SA company that controls the emblematic Astir Palace resort at Vouliagmeni, southern Athens.
Shipowner George Prokopiou acquires stake in Astera Vouliagmenis
According to unconfirmed reports, shipowner George Prokopiou has reached an agreement to acquire a stake exceeding 30% in Astera Vouliagmenis.
It is currently unclear whether this stake pertains to the Turkish Dogus participation (33%) or if it involves a share from the Arab owners, with discussions indicating that the price is around 300 million euros.
Doğuş chairman Ferit Şahenk resigns from Garanti seat
Garanti Bank, one of Turkey's biggest private lenders, announced on Sept. 19 that its board chairman Ferit Şahenk had resigned.
Şahenk has been replaced by deputy chairman Suleyman Sözen, the bank said in a statement to the Istanbul stock exchange. Jorge Saenz-Azcunaga Carranza has been appointed as the new deputy chair.
Spanish BBVA now leading shareholder in Turkey's Garanti Bank
Spanish lender BBVA has become the leading shareholder in Garanti, Turkey?s largest bank in terms of market capitalization, the companies said on July 27 in a joint press conference.
After completing the transaction announced last November to acquire an additional 14.89 percent holding, the BBVA Group now owns to 39.9 percent of Garanti.