GEK TERNA inks deal to dispose 10% stake in Attiki Odos to Latsco Family Office
GEK TERNA inks deal to dispose 10% stake in Attiki Odos to Latsco Family Office
  Deals  |  Economy  |  Infrastructure  |  Greece

GEK TERNA inks deal to dispose 10% stake in Attiki Odos to Latsco Family Office

The price of the transaction represents a premium of 15% over the initial committed investment of GEK TERNA in the project.
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RE+D magazine
08.10.2024

GEK TERNA Group in line with the provisions of the concession agreement for Attiki Odos, announced that following an agreement with Latsco Direct Investments Cyprus Limited intends to submit to HRADF a filling for the acquisition from the latter of 10% of the share capital of Nea Attiki Odos S.A.

Latsco Direct Investments Cyprus Limited is an investment vehicle of the Latsco Family Office, representing the interests of Mrs. Marianna Latsi. 

The price of the transaction represents a premium of 15% over the initial committed investment of GEK TERNA in the project. Closing of the transaction is premised upon the receival of the relevant approvals and completion of process as envisaged by the concession agreement.