Agreement between GEK TERNA and Latsco Family Office for acquisition of 10% stake in Attiki Odos
GEK TERNA Group has announced an agreement with Latsco Direct Investments Cyprus Limited for the acquisition of 10% of the share capital of Nea Attiki Odos S.A.
Latsco Direct Investments Cyprus Limited, an investment arm of the Latsco Family Office, is involved in the transaction. The transaction price reflects a 15% premium over GEK TERNA's original committed investment in the project. The deal's completion is contingent on receiving necessary approvals and finalizing the process as outlined in the concession agreement.
Country updates
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September 24, 2024
Deadline for Greek administrative centre extended
The Greek government extended the deadline for interested parties to submit bids on the Andreas Lentakis Government Park project to October 11, 2024. The previous deadline was September 26, 2024. The...
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September 23, 2024
Acquisition announced for a stake of 67% in Heraklion Port Authority
The Hellenic Republic Asset Development Fund (HRADF) has announced the acquisition of a majority stake of 67% in the company's share capital Heraklion Port Authority S.A.
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September 19, 2024
GEK TERNA S.A. Signed Attiki Odos Motorway Concession Agreement
GEK TERNA S.A. has signed, as the sole shareholder of the company “NEA ATTIKI ODOS SINGLE MEMBER S.A.”, the concessionagreement with a total value of EUR 3.270 billion (US$ 3.5 billion) fo...
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September 17, 2024
Concession agreement signed for Attica Motorway
The Hellenic Republic Asset Development Fund (HRADF), has signed the concession agreement with NEA ATTIKI ODOS S.A. and GEK TERNA S.A., for the financing, operation, maintenance and exploitation of At...
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September 04, 2024
Concession agreement signed for US$11 million Harbor development Project in Greece
The Hellenic Republic Asset Development Fund (HRADF) has signed a concession agreement with the concessionaire “PYLOS MARINA S.A.”, which was established by D MARINAS HELLAS S.A. and TEMES...
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