Suit­ors bid for Em­po­riki, He­lios af­ter­math

Financial Mirror (Cyprus) - - FRONT PAGE -

Em­po­riki Bank of Greece was about to con­clude a deal with in­vestors to sell its 75% stake in the Cyprus sub­sidiary, while ten days af­ter the He­lios dis­as­ter, Cyprus and Greece avi­a­tion of­fi­cials were wran­gling over who to blame, ac­cord­ing to the Fi­nan­cial Mir­ror is­sue 633, on Au­gust 24, 2005.

Two new in­vestors, Hagop Ke­heyan and Perisles Man­glis, have reached a pre­lim­i­nary deal with Em­po­riki Bank of Greece to take over the 75%

Em­po­riki bid:

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