CVC Capital Partners

CVC Capital Partners and the University of Nicosia (UNIC), Cyprus' largest educational institution, have inked a joint venture deal to construct a branch of the university in Athens. 

The agreement pertains to the possibility of establishing a medical school, which will begin operations in the first phase in the vicinity of the former airport at Elliniko in southern Athens. 

The 9.7% annual increase in supermarket turnover in 2020 - amounting to additional revenues of more than 1 billion euros - is set to drive changes in the retail landscape in Greece.

Lamda Development is as of last week the 100 percent owner of the Flisvos Marina in Palaio Faliro, southern Athens.
This follows the transaction last Thursday between Lamda and D-Marinas, which belongs to Turkish group Dogus - i.e. a few days before Dogus' broader divestment from marinas which it has sold to CVC Capital Partners.

US group Varde Partners has been added to the list of suitors for the 80 percent stake in Ethniki Insurance, Greece's biggest insurer.
According to sources, Varde Partners is among the bidders short-listed for the second stage of the tender, concerning binding offers.

CVC Capital Partners, known in Greece mainly due to its acquisition of the Hygeia and Metropolitan hospitals, has announced that its subsidiary CVC Capital VII has agreed to acquire the activities of D-Marin, a company serving yachts in the Mediterranean and the United Arab Emirates, from Turkish group Dogus. That means CVC is now a partner of Lamda Development.

Suitors for the 80 percent stake in Ethniki Insurance have until the end of January to submit their binding bids.

After Metropolitan Hospital, CVC Capital Partners and domestic associates on Thursday acquired a majority stake (97.2 percent) in Iaso General for 19.44 million euros.

The special-purpose vehicle named Hellenic Healthcare SARL, in which CVC holds a majority stake, is also undertaking Iaso General's loans, which add up to 28 million euros.

German perfume and cosmetics retailer Douglas has closed its 11 stores in Turkey because its market share is too small and unlikely to grow, a spokeswoman said on Dec. 5.

The spokeswoman was confirming a report in Germany's monthly Manager Magazin.

By Alexandra Kassimi

The first suitors for Hellenic Post (ELTA) have already started to appear, even though the privatization process has been postponed until a later date due to delays.