powered_by-logo reporter-logo inbusiness-news-logo GOLD-DIGITAL-EDITIONS
Financial Services category powered byMHV

Eurobank sells 8.58% stake in Demetra Holdings Plc to Logicom Services for €27m

Eurobank has completed the sale of its 8.58% stake (17,152,353 shares) in Demetra Holdings Plc to Logicom Services Limited for approximately €27 million (€1.55 per share).

This transaction is part of a broader agreement involving Eurobank's acquisition of an additional 24.66% stake in Hellenic Bank Public Company Ltd, comprising 21.33% from Demetra and 3.33% from Logicom.

The completion of this acquisition is anticipated around 10 February, 2025, pending the necessary regulatory approvals.

;