BUSINESS

Kotsovolos

PPC confirms interest for Kotsovolos acquisition; Submits offer

PPC confirms its interest for the acquisition of electronic goods retailer Kotsovolos, and said it has submitted a bid in the tender sale.

10/10/23 • 16:50

Hydrocarbons

Helleniq Energy to decide on whether to conduct test drillings in next 6-12 months

CEO Andreas Shiamishis says the results of the offshore seismic researches in two blocks off Crete and Ionian Sea are currently evaluated.

10/10/23 • 10:28

Eurobank-HFSF

Eurobank buys back 1.4% stake from HFSF for 93.7m euros

Eurobank announces the acquisition of all its issued shares held by HFSF for a total consideration of 93.7 million euros. The lender bought back some 52 million common shares.

09/10/23 • 08:51

Dismissal of reports

GEK Terna denies reports of acquiring subsidiary Terna Energy

GEK Terna “categorically denies” “unsubstantiated market rumors and relevant press reports” claiming that it plans to acquire Terna Energy.

06/10/23 • 13:09

Alpha Bank

Some 2.8 million stock option rights exercised

Alpha Bank says that 2,789,104 stock option rights were exercised with a nominal value of 0.29 euros per share.

06/10/23 • 10:13

EPC contract

Mytilineos signs 373MW solar contract in UK; Valued at 114.1m pounds

Mytilineos signs a contract for a 373MW solar park in the United Kingdom with Quinbrook Infrastructure. The project is Cleve Hill Solar Park and it is currently the UK’s largest consented solar project.

05/10/23 • 13:18

Electricity market

PPC's retail market share drops sharply in Sept due to HV losses

Independent Power Producers’ share in retail market rises to 45.9%, with GEK-Terna’s Heron ranking first with 11.8%, followed by Mytilineos’ Protergia with 7.9% and Elpedison with 6.17%.

05/10/23 • 10:07

HFSF

Eurobank to complete buyback of HFSF's 1.4% stake next week-Reports

Eurobank is reportedly set to complete the buyback of HFSF’s 1.4% stake at 1.80 euros per share next week. The stake corresponds to some 52 million shares.

05/10/23 • 09:51

NBG draws 500m euros via Tier 2 bonds

NBG places 500m euros Tier 2 bonds; Priced-to-yield 8%

National Bank tapped debt markets for 500 million euros 10.25NC5.25 Tier 2 bonds. The coupon came in at 8.0%. The notes contribute around 136 bps to the NBG’s total capital and increases its MREL to 23.85%, 116 bps above its January 2024 interim target.

27/09/23 • 08:40

None

Orderbooks for NBG's Tier 2 exceed 1.4b euros; Coupon at 8%-Reports

None

26/09/23 • 12:43