Papapolitis & Papapolitis is pleased to announce that the IFLR1000 (the Guide to the World’s Leading Financial Law Firms) has shortlisted our firm for the award of National Law Firm of the Year: Greece at the IFLR 2024 European Awards to be held in London on April 24th, 2024.
Papapolitis & Papapolitis is pleased to announce that for a 3rd consecutive year our Managing Partner Nicholas Papapolitis was listed in the Mononews 100 List, of the 100 most influential personalities in the Greek Market for 2023. The mononews.gr team consisted of 21 editors, who evaluated the 100 personalities with the strongest degree of influence
P&P advised Morgan Stanley in its capacity as Arranger in the context of the Frontier II transaction, completed in February 2024, involving the securitization by the National Bank of Greece of a portfolio of non-performing exposures with a total gross book value of c.€1billion baked by the State guarantee pursuant to the Hellenic Asset Protection
As we are approaching the end of 2023 which marks the 125th anniversary from the foundation of our firm, we would like to offer our sincere appreciation to our clients for their trust in our services and capabilities, to every member of the P&P team for their work ethic, professionalism and dedication to our core values
P&P Invel Real Estate in relation to all aspects regarding the sale by it to Yoda PLC group of 13,333,333 shares, representing 5.22%, in PRODEA Investments REIC, the leading Greek REIC listed on the Athens Stock Exchange. The transaction consideration amounted to €68 Million and was completed in January 2024.
P&P advised London & Regional Properties on the sale of Rhodes Bay Hotel & SPA and Elite Suites Rhodes Bay, to the H Hotels Collection.
P&P advised Intracom Properties S.A., a subsidiary of the listed Intracom Holdings in the acquisition of 71.31% in the company Afoi Simou S.A., owner of a hotel in Koufonissia. Shareholding has already been acquired by Intracom Holdings S.A.
Papapolitis & Papapolitis advised Invel Real Estate in relation to the mandatory tender offer (MTO) extended to all shareholders of Prodea Investments for a cash consideration of €7,50 per share. The MTO acceptance period commenced on 21 November and ended on 18 December 2023 and resulted to Invel owning a shareholding participation 87,01% in
P&P advised Intralot S.A. in connection with its pre-emptive share capital increase concluded in October 2023. The SCI was fully subscribed for by existing shareholders as well as new investors in the company, raising total proceeds of €135m. Ambrosia Capital Hellas acted as Lead Underwriter, Euroxx Securities as Underwriter and Piraeus Bank as Issue
Papapolitis & Papapolitis advises Lamda Development (LAMDA:GA) in the corporate transformation of its entire shopping malls sector implemented through a series of corporate transformations resulting to the concentration all four existing shopping centers owned by Lamda Group (The Mall Athens, Golden Hall, Mediterranean Cosmos and Designer Outlet) and those to be built in the Ellinikon
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