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1. 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).

2. www.retail-week.com › electricals › currys-completesCurrys completes sale of its Greek business Kotsovolos ...

   www.retail-week.com › electricals › currys-completes

   Mar 8, 2024 · Currys has sold its Greek business Kotsovolos. In a statement to the London Stock Exchange, Currys said PPC has received “unconditional approval” from the Hellenic Competition Commission for the purchase of Dixons South East Europe, the holding company of Kotsovolos.

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.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.

5. greekcitytimes.com › 2024/03/08 › currys-gets-greekTakeover target Currys says Greek disposal will complete in April

   greekcitytimes.com › 2024/03/08 › currys-gets-greek

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   Mar 8, 2024 · London-based consumer electronics retailer Currys is looking to complete the disposal for the holding company of Currys’ entire Greece and Cyprus retail business, trading as Kotsovolos. The deal is worth around EUR200 million in enterprise value, adjusted to include lease liabilities of EUR97 million.

6. www.rte.ie › news › businessCurrys to exit Greece with £175m Kotsovolos sale - RTÉ

   www.rte.ie › news › business

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   Nov 3, 2023 · 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 £175m.

7. People also ask

   Is Currys selling Kotsovolos?

   • Currys, the British electricals retailer, announced today that the sale of its Greek unit, Kotsovolos, will complete in the first half of April after receiving approval from Greek authorities. Public Power Corporation has been cleared by the Greek competition regulator to buy Currys' Kotsovolos unit.

   Currys says Greek disposal will complete in April - RTÉ

   www.rte.ie/news/business/2024/0308/1436693-currys-says-greek-disposal-will-complete-in-april/

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   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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   Did Currys reject a £757m bid from Elliott Advisors?

   • Currys rejected a £757m bid from Elliott Advisors in February. However, Currys has yet to hear from Chinese suitor JD.com, which has also expressed its interest. The UK regulator has set March 16 and March 18 as deadlines for Elliott and JD.com respectively to make a firm offer for Currys or withdraw.

   Currys says Greek disposal will complete in April - RTÉ

   www.rte.ie/news/business/2024/0308/1436693-currys-says-greek-disposal-will-complete-in-april/

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8. www.rte.ie › news › businessCurrys says Greek disposal will complete in April - RTÉ

   www.rte.ie › news › business

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   Mar 8, 2024 · Kotsovolos. Accreditation: Reuters. Currys, the British electricals retailer at the centre of a potential takeover battle, said today a deal to sell its Greek unit would complete in the first...