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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. 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 ...

3. 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).

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 more on its larger markets of the UK, Ireland and the Nordics.

5. greekreporter.com › 2023/11/03 › ppc-buys-kotsovolosPower Corporation Buys Kotsovolos After UK Retailer Currys ...

   greekreporter.com › 2023/11/03 › ppc-buys-kotsovolos

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   Nov 3, 2023 · The Public Power Corporation (PPC) in Greece announced on Friday an agreement with UK retailer Currys for the acquisition of Kotsovolos, one of the biggest electronics retail companies in the country.

6. 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.

7. People also ask

   Why did Currys sell Kotsovolos?

   • Last year the firm announced it wanted to sell the business which trades as Kotsovolos to help strengthen its balance sheet. Currys took on the business which trades as Kotsovolos in 2021 when it completed its takeover of Dixons Carphone. Its Greek division had performed well, often surpassing Currys UK arm in terms of sales.

   Currys finalises sale of Greek business amid takeover saga - City A.M

   www.cityam.com/currys-gets-green-light-for-179m-sale-of-greek-business-amid-takeover-saga/

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   Who bought Kotsovolos?

   • The Public Power Corporation (PPC) in Greece announced on Friday an agreement with UK retailer Currys for the acquisition of Kotsovolos.

   Power Corporation Buys Kotsovolos After UK Retailer Currys Exits Greece

   greekreporter.com/2023/11/03/ppc-buys-kotsovolos-uk-retailer-currys-exits-greece/

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   How many Kotsovolos stores are there in Greece?

   • Kotsovolos has 95 stores in Greece and Cyprus, 27 of which are megastores. Credit: MariaMvrd, CC BY-SA 4.0 /Wikipedia The Public Power Corporation (PPC) in Greece announced on Friday an agreement with UK retailer Currys for the acquisition of Kotsovolos, one of the biggest electronics retail companies in the country.

   Power Corporation Buys Kotsovolos After UK Retailer Currys Exits Greece

   greekreporter.com/2023/11/03/ppc-buys-kotsovolos-uk-retailer-currys-exits-greece/

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   Will Currys sell its Greek business to PPC?

   • Currys has finalised a deal to sell its Greek business to power generation and supply giant Public Power Corporation (PPC) for £159m.

   Currys finalises sale of Greek business amid takeover saga - City A.M

   www.cityam.com/currys-gets-green-light-for-179m-sale-of-greek-business-amid-takeover-saga/

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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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   Does Currys have a takeover offer?

   • Tech retailer Currys has officially ended its period for considering takeover bids without securing any offers. (Photo by Peter Dazeley/Getty Images) Electrical retailer Currys has received approval to sell its entire Greek business arm to Greek power generation and supply giant Public Power Corporation (PPC) for £159m.

   Currys finalises sale of Greek business amid takeover saga - City A.M

   www.cityam.com/currys-gets-green-light-for-179m-sale-of-greek-business-amid-takeover-saga/

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8. www.cityam.com › currys-gets-green-light-for-179mCurrys finalises sale of Greek business amid takeover saga

   www.cityam.com › currys-gets-green-light-for-179m

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   Mar 8, 2024 · Currys took on the business which trades as Kotsovolos in 2021 when it completed its takeover of Dixons Carphone. Its Greek division had performed well, often surpassing Currys UK arm in...