National Bank to shed private equity business
Greece's biggest lender National Bank plans to shed its private equity business to boost its capital.
- Published in Greece
The Money Behind The Asteras Buyout
AGC subsidiary Jermyn Street Real Estate fund acquired the Asteras Hotel complex (Astir Palace Vouliagmeni) for about 400 million euros representing investors from different Arab countries (about 85% of their funds) and from Doğuş Group (about 15%) which is controlled by Ferit Şahenk, a turkish multimillionare.
- Published in Greece