Papapolitis & Papapolitis is advising CrediaBank on its strategic investment in Pantelakis Securities through the acquisition of a 70% stake for a cash consideration of EUR 8.75 million. The transaction also includes call and put option arrangements for the acquisition of the remaining 30% shareholding, exercisable three years following completion. Founded in 1920, Pantelakis Securities is
P&P is pleased to have advised Real Consulting S.A. in connection with the share exchange agreement concluded with the existing shareholders of Open Technology Services S.A. (OTS) for the acquisition of 100% of OTS’ share capital. The transaction, valued at approximately EUR 47 Million, will be implemented through the issuance by Real Consulting of new
We are pleased to have advised ICG, the global alternative asset manager, on its investment in Navarino, a leading maritime technology company. ICG reached an agreement to support Navarino’s founders, Dimitris and Panos Tsikopoulos, in the company’s next stage of growth. As part of the transaction, the founders will reinvest in the business, while existing
We are pleased to have advised ATHEX listed Technical Olympic in relation to its Co-Funding Agreement with alternative investment manager Pollen Street Capital, with assets under management exceeding €7 billion. The co-funding arrangement will be implemented through the co-funders jointly providing debt financing to certain subsidiaries of Technical Olympic, for a total funding capacity of
We are pleased to have advised the Initial Purchasers and the Trustee on matters of Greek law in connection with PeopleCert’s new €300 million senior secured bond issuance. The bond, due 2031 and priced at 5.50%, more than 4x oversubscribed attracting strong demand from global investors, is listed on Euronext Dublin—highlighting continued investor confidence in
P&P acted as legal advisor to PRODEA Investments on the largest real estate transactions to take place in Greece in 2025, with VYP Group and National Bank of Greece (NBG) respectively, bringing the total value of the combined transactions at over €1.3 billion. Transaction with VYP Group The cross-border transaction with VYP Group Ltd included:
Papapolitis & Papapolitis Law Firm, acting as Greek legal counsel to the Athens Exchange Group in what is viewed as one of the largest investments in Greece in recent years, is pleased to witness the success of the voluntary tender offer of Euronext for the acquisition of all shares in Athens Exchange Group in exchange
We are pleased to have advised Lamda Development S.A., on its successful €500m public offering and listing of retail bonds on the Athens Exchange. The offering was oversubscribed 1.54x and interest rate was set at the low end of the range at 3.8%. Trading of the bonds is expected to commence on 19 November. The
We are pleased to have successfully advised our long-term client Intralot on its €429M (including above par amounts) share capital increase in cash by way of a Combined Offering, and on its simultaneous €1.136 Billion (including above par amounts) share capital increase in-kind. The Combined Offering involved the issuance of 390,000,000 new common registered voting shares,
We are pleased to have advised our long-term client Intralot on the successful completion of its €900 million Senior Secured Notes offering, comprising €600M of Fixed Rate Notes due 2031 and €300M of Floating Rate Notes due 2031. The transaction attracted exceptionally strong investor interest, with total orders exceeding €3.5 billion—more than four times oversubscribed. This
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