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Apr 10, 2024 · 10 April 2024. We help everyone enjoy amazing technology. 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 (£ ...
Nov 3, 2023 · Currys shares up 5.4%. 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 ...
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. According to the press agency's report, Currys, whose shares have fallen 29% over the last year, said it will use ...
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. The transaction at 175 million pounds ($214 million) means that Currys exits the Greek market in a blow to the efforts of the Greek government to ...
Nov 4, 2023 · Public Power Corporation reached an agreement with British group Currys for the purchase of electrical and electronic goods chain Kotsovolos for 200 million euros. The transaction is expected to be completed in the first quarter of 2024, subject to approval by Currys shareholders and Greek competition authorities. The acquisition of Kotsovolos ...
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. The deal is valued at €200m (£175m), adjusted to include lease ...
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Mar 8, 2024 · 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 ...
