York Global Finance Offshore BDH (Luxembourg) S.a.r.I. announced the acquisition of another 5,133,174 shares in blue chip Terna Energy on Thursday in a non-bourse transaction amounting to a 4.70 percent stake in the Athens-listed company.
The share purchase has seen York Globals stake in the Greek energy firm climb to 7.70 percent,corresponding to 8,412,606 shares.
Azeri state energy company SOCAR said it expected to close a deal to purchase Greek natural gas grid operator DESFA in early 2015, anticipating that it will clear an investigation by the European Commission.
SOCAR was the only bidder in a tender for DESFA last year, offering 400 million euros ($501 million) for a 66 percent stake.
The Greek bourse bucked the trend set by most other European stock markets on Monday, enjoying healthy gains, albeit on thin turnover.
With the third-quarter results edging closer for most listed companies, observers consider encouraging the fact that the benchmark closed the session on the days high.