The date for the majority percentage of the company's share capital amounting to at least 67% is set at February 3, 2023.
The granting of an extension was deemed appropriate following the relevant requests of four (4) investment schemes, which confirms the strong interest in the utilization of O.L.V. S.A.
The Concession Agreement between the State and O.L.V. S.A. it has a term of 60 years from its signature and expires in 2062. The company's main activities include cargo and container services, steel and scrap, dry and liquid bulk and passenger services, including ferry boats to the Sporades, as well as cruise operations.
HRADF has appointed Deloitte Business Solutions S.A. and Euroconsultants S.A. to act jointly as financial advisors and Doxiadis Associates has acted as technical advisor with regard to the tender process and the transaction.