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Aldeasa and Nuance lead bids for Hellenic stakeAldeasa and Nuance lead bids for Hellenic stake
1-Apr-2002
GREECE. According to sources at Hellenic Duty Free Shops, Aldeasa and The Nuance Group?together with its new shareholders?are among seven groups to have registered interest and requested the memorandum documents for the sale of a stake in the Greek operator of between 40% and 60%.
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By Trevor Lloyd-Jones
GREECE. According to sources at Hellenic Duty Free Shops, Aldeasa and The Nuance Group?together with its new shareholders?are among seven groups to have registered interest
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(16-Apr-2002) - GREECE. The main stakeholder in leading Greek operator Hellenic Duty Free Shops is to sell its share of the venture amid continuing clashes over the way the company is run. The Agricultural Bank of Greece, which owns 60% of Hellenic?s shares, has formally invited bids for a stake of between 40% and 60% in the retailer.