ECONOMY

Attica Holdings board green-lights ANEK absorption

Attica Holdings board green-lights ANEK absorption

At a meeting on Monday Attica Holdings’ board of directors approved the merger plan with ANEK, which will see Attica absorbing the latter.

The approval of the Greek Competition Commission had been announced on August 4.

ANEK’s shareholders will receive 0.1217 new registered ordinary shares of Attica, at 0.30 euros each, for every single old one registered share of ANEK, at €0.30 each.

The Attica shareholders will continue to hold the same number of ordinary Attica shares they held before the merger.

Attica’s share capital will increase by €8,207,505 with the issue of 27,358,350 new shares, at €0.30 each. 

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