The Greek Deal.com
BUSINESS
Eurobank
Raises its stake in Hellenic Bank at 55,3%
A total of 26.1% of Hellenic Bank's shares, or 107,694,301 shares, were acquired by Eurobank for a total consideration of € 275.7 per share.
ORILINA PROPERTIES
Two major projects in Thessaloniki and Elliniko
The company's property portfolio and value, which hit €146 million in 2023, are growing, and Orilina Properties has a positive outlook for 2024.
EUROCONSULTANTS
Targets companies for cooperation - acquisitions
The signing of a Memorandum of Understanding (MoU) for the investigation and exploitation of new business opportunities, the creation of synergies, and the consideration of acquiring a majority stake in companies is something that Euroconsultants is actively discussing.
Korinthian Foods
Towards listing on the Athens Stock Exchange
Korinthian Foods, a Greek industrial catering company, decided to list its shares on the Main Market of the Regulated Market of the Athens Stock Exchange.
Alpha Bank
Finances investments of "Orloff Resort"
With the involvement of the Recovery and Resilience Fund (RDF), Alpha Bank moved forward with the signing of a €4.2 million loan agreement for the investment vehicle Orloff Resort to buy and renovate a modest vacation home in Spetses.
CAPITAL PRODUCT PARTNERS
€690 million investment in 10 new vessels
Vangelis Marinakis's Capital Product Partners (CPLP) announced a significant strategic investment in ten cutting-edge gas carriers.
Alpha Bank
Issues Tier 2 bond and repurchases bond maturing in 2030.
Alpha Bank plans to repurchase a bond with a 2030 maturity and issue a €500 million Tier 2 bond.
Intrakat
Winex Investments' stake at 39.17%
Winex Investments Limited's stake in Intrakat increased to 39.17% of the total voting rights, up from 37.75%, following the purchase of 2,277,566 shares of a total value of €11,729,464.90.
S&P GLOBAL PMI
Greek manufacturing improved in May but production lower
The S&P Global PMI report, which was made public on Monday, indicates that the growth rate of the Greek manufacturing sector remained high in May.
PwC - Microsoft
Create a centre of excellence in Thessaly
PwC Greece and Microsoft are establishing a new satellite office in Volos to foster innovation, technology, and education. The office will also create jobs in the surrounding Thessaly region, supporting the local community.
Thrace Plastics
Sales and EBITDA increase by 3.1% and 5.4% respectively in the first quarter
Thrace Plastics announced on Monday that sales reached €88.3 million, recording a 3.1% increase in volumes sold. At the same time, EBITDA stood at €12.3m, up 5.4% compared to Q1 2023.