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1. www.ekathimerini.com › economy › 1213417Why Currys is selling its Greek arm - eKathimerini.com

   www.ekathimerini.com › economy › 1213417

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   Jun 17, 2023 · On Friday, British group Currys (formerly Dixons), which owns Kotsovolos, announced it is considering selling the Greek chain, with the timetable, Kathimerini understands, providing for procedures to be completed by end-2023.

2. www.currysplc.com › news-media › press-releasesCompletion of Kotsovolos Disposal - Currys PLC

   www.currysplc.com › news-media › press-releases

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   Apr 10, 2024 · Currys plc (Currys) is pleased to announce that it has completed the sale of Dixons South East Europe A.E.V.E., the holding company of Currys' entire Greece and Cyprus retail business, trading as Kotsovolos, to Public Power Corporation S.A. for an enterprise value of €200 million (£175 million).

3. www.reuters.com › markets › dealsUK retailer Currys exits Greece with $214 mln Kotsovolos sale

   www.reuters.com › markets › deals

   Nov 3, 2023 · British electricals retailer Currys said it will exit Greece after agreeing to sell its Kotsovolos unit to Greek power utility Public Power Corporation for an enterprise value of 175 million...

4. www.theretailbulletin.com › general-merchandiseCurrys to sell Kotsovolos | Retail Bulletin

   www.theretailbulletin.com › general-merchandise

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   Nov 3, 2023 · The sale of Dixons South East Europe, which trades as Kotsovolos, will enable Currys to simplify its group structure, strengthen its balance sheet, and focus Currys is to sell its entire business in Greece and Cyprus to Public Power Corporation for £175 million.

5. www.linkedin.com › pulse › sale-kochsovolos-surpriseThe sale of Kochsovolos, a 'surprise' well prepared - LinkedIn

   www.linkedin.com › pulse › sale-kochsovolos-surprise

   Jun 18, 2023 · The decision of the British Currys group to sell Kotsovolos, the Greek leading electrical appliances and technology products company, surprised the market. However, it is still a...

6. www.cbn.com.cy › article › 2023/11/3UK retailer Currys exits Cyprus and Greece with €200 million ...

   www.cbn.com.cy › article › 2023/11/3

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   Nov 3, 2023 · British electricals retailer Currys will exit Cyprus and Greece after agreeing to sell its Kotsovolos unit to Public Power Corporation for an enterprise value of £175 million ($214 million, €200.74 million), Reuters has reported.

7. People also ask

   Why did Currys leave Greece?

   • REUTERS/Peter Nicholls/File Photo Purchase Licensing Rights LONDON, Nov 3 (Reuters) - British electricals retailer Currys (CURY.L) said it will exit Greece after agreeing to sell its Kotsovolos unit to Greek power utility Public Power Corporation (DEHr.AT) for an enterprise value of 175 million pounds ($214 million).

   UK retailer Currys exits Greece with $214 mln Kotsovolos sale

   www.reuters.com/markets/deals/uk-retailer-currys-exit-greece-with-214-mln-kotsovolos-sale-2023-11-03/

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   Is Kotsovolos a good business?

   • Kotsovolos is a fine business that we’ve been proud to own. I’d like to thank every one of our Greek colleagues for everything they’ve done, and wish them every future success."

   Completion of Kotsovolos disposal | Currys PLC

   www.currysplc.com/news-media/press-releases/2024/completion-of-kotsovolos-disposal/

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   How much cash did Currys receive?

   • As anticipated, the cash proceeds received by Currys were £156 million (€179 million) after taking into account transaction and separation costs, intercompany balances and cash in the business.

   Completion of Kotsovolos disposal | Currys PLC

   www.currysplc.com/news-media/press-releases/2024/completion-of-kotsovolos-disposal/

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   Who is Currys plc?

   • Currys plc is a leading omnichannel retailer of technology products and services, operating online and through 720 stores in 6 countries. We Help Everyone Enjoy Amazing Technology, however they choose to shop with us. In the UK & Ireland we trade as Currys and operate our own mobile virtual network, iD Mobile.

   Completion of Kotsovolos disposal | Currys PLC

   www.currysplc.com/news-media/press-releases/2024/completion-of-kotsovolos-disposal/

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8. greekcitytimes.com › 2023/11/03 › currys-to-sellCurrys to sell Kotsovolos to Power Corporation S.A.

   greekcitytimes.com › 2023/11/03 › currys-to-sell

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   Nov 3, 2023 · Currys plc (LON:CURY) has announced that it has entered into an agreement for the sale of Dixons South East Europe A.E.V.E., the holding company of Currys’ entire Greece and Cyprus retail business, trading as Kotsovolos, to Public Power Corporation S.A. for an enterprise value of €200 million (£175 million) on a debt free, cash free basis ...