Announcements Ellaktor Sells Stake in Athens Resort Casino by GTP editing team 16 January 2018 written by GTP editing team 16 January 2018 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 13 Greek construction firm Ellaktor announced late on Monday that it had sold a 30 percent share of Athens Resort Casino SA to Karenia Enterprises Company Ltd for 13.5 million euros. More specifically, the listed group said it had sold 7,002,600 common registered shares of Athens Resort Casino SA representing a 30 percent stake. The remaining 70 percent is in the hands of Regency Entertainment. Athens Resort Casino controls 51 percent of the Regency Casino Mont Parnes (Parnitha) with the remaining 49 percent controlled by the Greek state. According to Greek daily Kathimerini, both the Laskaridis and Kokkalis groups are involved in Karenia Enterprises Company Ltd. The sale went for 2.5 times less than investment at 33 million euros made by Ellaktor. The move comes as part of Ellaktor’s restructuring, with local media reporting that the group’s main shareholders and banks have agreed to sell a large part of their stake in secondary activities (energy, real estate, etc.) in order to redirect the focus on construction activity. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Greece Expects 30% More Dutch Tourists in 2018 next post Προτάσεις ΞΕΕ για την είσπραξη του φόρου διαμονής You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Greek Ministries Team Up to Form National Cycling Strategy 5 February 2025 Peiraios Industrial Complex to Become Athens’ New Cultural Hub 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ
