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Dimand: Marianna Latsi and George Elliott (Orasis) are new shareholders

Latsco Hellenic Holdings (the family office of Marianna Latsi) and Orasis (the fund of George Elliott) will invest about 25 million euros in Dimand as cornerstone investors, acquiring a total of 8.92% of the company after the increase of share capital and while the company will now be listed on the Stock Exchange.

Turkish grocer to sell 35% stake in Moroccan affiliate

Turkish discount grocer BİM has agreed on selling 35% shares of its Moroccan affiliate to the U.K.-based Blue Investment Holding, according to a statement sent to Turkey's Public Disclosure Platform (KAP) on Dec. 9. 

Blue Investment Holding is owned by Helios Investment Partners, a private equity fund manager focused on the Africa region.

Terna Energy to raise capital via private placement

Terna Energy has decided to boost its capital by €50.1 million through private placement.

The decision will officially be taken at a general assembly on September 1 at company headquarters. If approved, the company will issue 4,556,757 common shares of a nominal value of €0.30 each, which will be distributed via private placement at an expected price of at least €11.

NBG Pangaea buys CYREIT Variable Investment Company

NBG Pangaea Real Estate Investment Company of Greece announced the completion of its agreement last week with Bank of Cyprus Public Company Limited for the acquisition of a portfolio of properties in Cyprus, through the purchase of 100 percent of the management shares and 88.2 percent of the investment shares of Cypriot CYREIT Variable Investment Company PLC.

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