Gri­valia buys into is­land project in Panama

Kathimerini English - - Focus -

Gri­valia Prop­er­ties’ Lux­em­bourg-based sub­sidiary Gri­valia Hos­pi­tal­ity SA yes­ter­day an­nounced its first in­vest­ment, which con­cerns the ac­qui­si­tion of a 60 per­cent stake in the Pearl Is­land project in Panama from Dol­phin Cap­i­tal In­vestors. The agreed price is 27 mil­lion eu­ros in cash, Gri­valia stated, of which 1 mil­lion has al­ready been

Marinopou­los wait. Wor­ries are mount­ing for all par­ties in­volved in the stream­lin­ing process of Marinopou­los su­per­mar­kets, as an­other day went by yes­ter­day with­out the pub­li­ca­tion of the court ver­dict ap­prov­ing the chain’s ac­qui­si­tion by Sklaveni­tis, thereby leav­ing the agree­ment up in the air.

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