The total consideration of the Transaction corresponds to c.26% of gross book value.

The transaction's completion is estimated to take place within the first quarter of 2023.

PPC’s board of directors will determine whether PPC will submit a binding offer to Enel.

Leading property firm Rainier Developments has purchased 68,000 sq ft of warehouse and office space on Hurlands Close.

The facilities are let to five operators and carry a weighted unexpired average lease term of 19 years.

Triathlon’s former major shareholder, Geraer Batterie Dienst GmbH, shall retain 49% of the company.

Glafka has completed over £1.5billion of investment banking deals in the last three years and is rapidly expanding its wealth and capital management services.

The contract will have a 30 years duration with the right of extension.

Eurobank already holds a 12.59% of Hellenic Bank.