Marinopou­los stores be­come Sklaveni­tis as of to­day

Kathimerini English - - Focus - DIM­I­TRA MANIFAVA

Five months af­ter an agree­ment was signed to save the Marinopou­los chain of su­per­mar­kets from clo­sure, to­day should see the start of its op­er­a­tion un­der the con­trol of the Sklaveni­tis group.

Late yes­ter­day the last of the sig­na­tures were made to com­plete the pri­vate agree­ment trans­fer­ring Marinopou­los to Sklaveni­tis. That was the fi­nal step in the trans­ac­tion and new fund­ing can now be dis­bursed by the cred­it­ing banks in 20 days, amount­ing to 352 mil­lion eu­ros. Sklaveni­tis will add an­other 125 mil­lion. Kathimerini un­der­stands the ad­di­tional fi­nanc­ing re­quired due to the de­lay in the com­ple­tion of the agree­ment amounts to 65 mil­lion eu­ros, with 50 mil­lion com­ing as a loan from banks and 15 mil­lion from Sklaveni­tis.

Marinopou­los stores re­mained closed yes­ter­day to com­plete the trans­fer of their tills to the Sklaveni­tis sys­tem and tax regis­tra­tion num­ber. They will start op­er­at­ing to­day. Sev­eral stores have al­ready be­gun ren­o­va­tion work and changes in the sig­nage, which will bear the Sklaveni­tis name.

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