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1. • It is considering selling the Greek chain

     • 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.
     www.ekathimerini.com/economy/1213417/why-currys-is-selling-its-greek-arm/

     Why Currys is selling its Greek arm | eKathimerini.com

2. 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...

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. 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.

5. 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.

6. 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 · 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. Last year the firm...

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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   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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   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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   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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8. www.retail-week.com › electricals › currys-to-sellCurrys enters deal to sell Greek business Kotsovolos for £175m

   www.retail-week.com › electricals › currys-to-sell

   Nov 3, 2023 · Currys is selling its Greek business, Kotsovolos, for £175m. The deal is valued at €200m (£175m) on a debt-free, cash-free basis, excluding lease liabilities, and is expected to be completed by the first quarter of 2024.