Mergers and acquisitions

Heading for record year in M&As

This year is shaping up to be a record one for acquisitions and mergers. This is shown by the transactions of more than 5 billion euros that have taken place or are being completed since the beginning of the year, not including the bond issues that the four largest banks proceeded with, drawing liquidity of several billion euros.

Simplifying M&A framework to bolster the economy

Business mergers and acquisitions are a catalyst for the Greek economy, leading actors on the business scene, government officials and representatives of the academic community told the Mergers & Acquisitions Summit held on Wednesday at the Athens Concert Hall, organized by Kathimerini's Money Review website.

PPC completes Kotsovolos takeover

Public Power Corporation (PPC) on Wednesday announced the completion of the acquisition of the Kotsovolos chain of electrical and electronic goods from Currys Plc through which it will significantly accelerate its transformation into an integrated provider of products and services in the retail market.

Motor Oil nears Helector buy

Motor Oil is close to the signing of a memorandum of cooperation that will provide for the acquisition of Ellaktor's subsidiary, Helector.

Negotiations between the two listed groups are at an advanced stage and the last steps to complete the agreement are expected to take place, barring unforeseen circumstances, in the near future.

Pages