GEK

ATHEX: Stock growth curtailed by end of session

Despite Wednesday's early gains at Athinon Avenue, in line with most eurozone bourses, the session ended with a relatively small increase on particularly low daily turnover, which points to the market's reservations about the economy's emergence from the coronavirus crisis, especially as far as the creation of new nonperforming loans for Greek lenders is concerned.

Dutch fund spends 25.5 mln
 to raise stake in GEK Terna

Dutch investment fund Reggeborgh Invest has raised its stake in listed construction and energy group GEK Terna to over 32 percent, becoming a de facto strategic investor and a significant guarantor of the future course of the company.
A year ago it had agreed to buy out the 15.3 percent stake that York Capital Management controlled then at GEK Terna.

Pages