The Greek Deal.com
BUSINESS
JP MORGAN
Greek Banks present an apportunity for investors after the recent correction
JP Morgan said in a new report that now the domestic banking institution is "changing levels" as it accelerates the amortization of deferred tax liabilities and prepares for higher dividend distributions to shareholders.
DESFA
€810 million bond loan from the 4 systemic banks
DESFA has signed a €810 million Joint Bond Loan for the implementation of the investment plan, which includes the financing of green and digital transition projects at a total cost of €627.7 million, through the Recovery and Resilience Fund (RRF).
NOVAL PROPERTY
Panagiotis Kapetanakos resigned from CEO
The Vice President and CEO of Noval Property, Panagiotis Kapetanakos, submitted his resignation, which was accepted, as the company announced.
Independent Power Transmission Operator
Upgrading the interconnections of Kefalonia, Zakynthos and Lefkada
Independent Power Transmission Operator (ADMIE) ensures increased energy reliability in the Ionian Islands with the upgrades of the electrical interconnections between Kefalonia (Zakynthos) and Lefkada (Kefalonia).
Alpha Bank
Deal with Unicredit for Alpha Bank Romania has been completed
Alpha Services and Holdings and UniCredit announced today that, following the approvals received from all relevant authorities and the completion of due diligence, UniCredit has acquired 90.1% of the shares of Alpha Bank Romania.
Hellenic Republic Asset Development Fund
€5.5 million contract for the restoration of the 2 entrances of OAKA
A contract with a total value of €5,584 million was signed on Friday, November 1st, between the President of the Board of Directors of OAKA, Ioanna Batsos and the representative of the contractor company, TOMI Dimitris Pagratis.
Piraeus Bank
New goals and the deferred tax
Piraeus Bank is planning a high shareholder reward, as the bank's CEO, Christos Megalou, told analysts.
Coca Cola 3E
Maria Anargyrou Nikolic has resigned as CEO
Maria Anargyrou Nikolic has resigned as CEO of Coca-Cola Triple Epsilon for Greece and Cyprus, four years after assuming the position.
ANTENNA GROUP
In talks to buy Time Magazine from Salesforce
The Greek media company Antenna Group is in talks to acquire Time Inc. from Salesforce co-founder Marc Benioff, according to CNBC.
HOTELS
Prices up 8.1% and occupancy down for the 5th consecutive month in Athens
For the fifth consecutive month, the occupancy rate of Athens hotels decreased. Compared to the corresponding month of 2023, total hotel demand decreased by 1.2%, according to data from the Athens, Attica and Argosaronic Hotels Association.
Ideal Holdings -ATTICA DEPARTMENT
Paolo De Cesare and Florence Rollet are joining the Board
Paolo de Cesare and Florence Rollet, executives with careers in senior management positions in leading multinational companies and brands of consumer products and luxury goods in the global market, join the Board of Directors of Attica department store.