PPC Says Selath Holdings to Buy at Least 10% of Its Equity Capital

ATHENS — Public Power Corporation on Tuesday announced it has reached an agreement with Selath Holdings to participate in a PPC share capital increase plan. In an announcement, PPC said Selath Holdings will purchase at least a 10% of PPC’s equity worth 395 million euros.

Selath will use investment capital managed by CVC Advisers Greece SMSA and its subsidiaries. Under the terms of the agreement, Selath will participate in the shareholder capital increase plan at a purchase price of no more than 9.0 euros per share, obtaining at least 10% of PPC’s equity capital with voting rights. Selath will have to hold PPC’s shares for six-month period.


ATHENS - The New Democracy party, led by Kyriakos Mitsotakis, submitted a memorandum to the Supreme Court on Monday, expressing their opposition to the alliance of independent candidates involving Kasidiaris and any other combination where he holds a prominent role.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.


Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.