Europe
The proceeds from the Piazza Affari sale will be used to pay down debt and would reduce CEREIT’s gearing ratio by 2.1% to 37.2%.
The collaboration between the parties is expected to help broaden and diversify the customer bases for each company.
The Construction Production Index in Greece was increased by 23% in 2022 compared to an increase of 6% in 2021.
Following the new transaction, Bespoke SGA Holdings SA owns 60% of ION chocolate industry, including the right to run its management.
In a statement, the company said its board is reviewing the group structure through the lens of driving shareholder value.