The Greek Deal.com
BUSINESS
Kotsovolos
Τhe response regarding the fine - Resorting to Justice
Kotsovolos responds to the 2 million euros fine imposed by the Ministry of Development for misleading discounts, emphasizing in its announcement that it will take all available legal measures for protection.
EKTER
Acquisition of 56% stake in Energeiakos Komvos
The total shares of "Energeiakos Komvos" are pledged in favor of Piraeus Bank to secure loans, and according to the valuation report conducted, they will continue to serve as collateral for the bank
OPAP
JP Morgan recommends "buy", new price target at €20
JP Morgan increases the target price for OPAP from the previous estimate of €18.5 to €20
Biokarpet
€6.6 million compensation for the damages to its factory
Biokarpet stated today that negotiations with insurance companies regarding the damage suffered by the subsidiary company Exalco S.A.'s factory in Koulouri, Larissa, from the storm Daniel, have been concluded.
Ideal Holdings
The bond was oversubscribed, raising €100 million - The yield was set at the lower limit of 5.5%
The final yield of the bonds was set at 5.50%, with an annual interest rate of 5.50%. It is worth noting that the company had initially indicated a yield range between 5.5% and 5.9%
LAMDA Development
Designer Outlet Athens transformed into a Single-Member Societe Anonyme
LAMDA Malls is the sole (100%) shareholder of the converted Single-Member Societe Anonyme under the corporate name Designer Outlet Athens Single Member Societe Anonyme
Alpha Bank
Shipping Financier of the Year 2023 στα Lloyd’s List Greek Shipping Awards
It is worth noting that Lloyd’s List is one of the largest and oldest maritime media globally, with the Greek Shipping Awards celebrating its 20th year in Greece
Ekter
New contract with Azoe Resort
The subject of the contract is the construction of the project "Construction of structural elements (Concrete) for Villa 23," in the area of Agios Panteleimonas in the Municipality of Ermionida
Alpha Bank
Goldman Sachs Lead Manager of the share buyback program
Goldman Sachs will act as the lead manager of the program, making its trading decisions concerning the purchases of the Alpha Bank shares
Trastor
Sale of a five-storey property at Volos
The sale is part of the Company's divestment strategy from specific properties and aimed at creating an optimal investment portfolio
Mytilineos - GE Vernova
£1 billion contract for subsea link in the UK
GE Vernova - MYTILINEOS Consortium Awarded £1bn Contract to Construct the UK’s First High-Capacity East Coast Subsea Link