Dimitris Loukas and associates Athanasios Taliadouros and Alexandros Ntallas advised DECA Investments/Diorama Investments II RAIF S.C.A., a major investment fund active in Greece, in relation to the HCC’s merger control approval process for its acquisition of control over Leader S.A., a leading dairy food trade operator active in the storage, distribution, processing and marketing of milk and cheese products in Greece.

We are delighted to announce that we advised UniCredit S.p.A. in relation to its acquisition of 9% of the shares of Alpha Services and Holdings S.A. (Alpha), 100% parent of Alpha Bank S.A., from the Hellenic Financial Stability Fund (HFSF) and the conclusion of a binding term sheet for the conclusion of a strategic partnership regarding the merger of the respective subsidiaries of the two banks in Romania, the acquisition of 51% of the shares in Alpha Life by UniCredit and the commercial partnership in the distribution of UniCredit bancassurance, asset management and other banking products by Alpha Bank.

This seminal transaction is extremely important for the Greek banking sector and the wider Greek economy because it constitutes the second successful divestment of HFSF from a Greek systemic bank signifying a major step to the return of the Greek banking sector to full private ownership and the first investment of a major international bank in a Greek bank after the financial crisis, which is seen as a vote of confidence in the Greek economy.

Partner Alexander Metallinos assisted by associate Amalia Giannakopoulou advised UniCredit.

Our Criminal litigation team has successfully represented an American citizen before the Supreme Court for espionage and participation in a criminal organization. The Supreme Court delivered a landmark decision by recognizing the right of the accused to be provided with translated indictment and other important documents of the criminal case file into the language that he/she understands.
The decision, blazes a trail for cases where the accused part is not a native Greek speaker, thus is entitled to have the basic documents of the criminal file translated.
Our team was led by Konstantinos Papadiamantis, partner and leader of our Civil Criminal litigation practice, with the collaboration of Natalie Chrysagi, senior associate.

Dimitris Loukas and team advised GEK Terna SA, Greece’s leading conglomerate active in the construction, energy utilities, waste management and real estate sectors in Greece, in relation to the HCC’s merger control approval process concerning its acquisition of Aigisthos SA, another infrastructure company specializing in smaller construction projects.

Our Partners Konstantinos Papadiamantis and Stathis Potamitis together with Senior Associate, Theodora Souma, represented a domestic company in ICC arbitration proceedings for claims arising out of a Share Purchase Agreement, amounting to approximately €160 million. They also assisted the client on settlement negotiations and on the termination of the dispute through the issuance of a consent award.

We are happy to share that our law firm advised Τrade Estates REIC S.A. in the conclusion of a conditional share purchase agreement with REDS S.A. to acquire 100% of shares in GYALOU S.A., which owns and develops the retail park “Smart Park”. This transaction is part of Trade Estates’ strategic specialization on investments related to the development of Retail Parks and new generation Logistics Centers, which is evolving in global trade. Our team was led by Partner Maria Perifanou who was assisted by Associate Evelina Papadimitropoulou.

We proudly announce that we advised Alpha Bank and National Bank of Greece, acting as Joint Coordinators and Bookrunners, on the Initial Public Offering of Optima Bank. Through a very successful public offering, oversubscribed by 5.1 times, Optima Bank is the first credit institution to be listed on the Athens Stock Exchange after 17 years. Our team was led by Managing Partner George Bersis, together with Senior Associate, Elena Theocharakou, assisted by Associates Marialena Papageorgiou, Elisabetta Lentsiou, Nikos Stefas, Vasiliki Verykaki, Aimilios Stragalinos, Semina Zavitsanou, Afroditi Arnogiannaki and Dimitra Iordanidou.

POTAMITISVEKRIS is proud to announce that we advised Eurobank Holdings in a historic transaction – the conclusion of a conditional share purchase agreement to acquire its own shares in a directed share buy back from the Hellenic Financial Stability Fund (HFSF).
Following completion of the transaction, which is subject, among others, to the conclusion of a competitive process launched by the HFSF, Eurobank will be the first Greek systemic bank since the global financial crisis of 2009 to exit the state support scheme.
The transaction is innovative in that it combines an unprecedented, direct share buy back in a listed company with the combination of the conclusion of a conditional share purchase agreement with a competitive process.
The first successful divestment of the HFSF marks a pivotal moment for the Greek banking industry and the Greek economy as a whole.
Partner Alexander Metallinos led the POTAMITISVEKRIS team assisted by associate Amalia Giannakopoulou.

To add the links to the announcement by HFSF

https://www.eurobankholdings.gr/en/grafeio-tupou/etairiki-anakoinosi-25-09-23/

We are delighted to announce that POTAMITISVEKRIS has been recognised by ITR (International Tax Review) World Tax 2023 as “Greece Tax Firm of the Year”.

This recognition would not have been possible without the high level of expertise and personal dedication of our Tax Partner Aspasia Malliou and the PV Tax team, as well as the support and trust of our clients.

The ceremony took place at ITRWorldTax2023 in London, U.K., on September 27, 2023.