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Latsis Group raised majority stake in Hellenic Petroleum to 40.984 pct
Latsis Group on Monday announced it has raised its majority equity holding in Hellenic Petroleum to 40.984 pct. In an announcement to the Athens Stock Exchange, Latsis Group said it has purchased an additional equity stake in Hellenic Petroleum in the period from September 2008 to December 2009 -through its affiliate Paneuropean Oil and Industrial Holdings- raising its equity stake in the company to 40.984 pct, from 39.023 pct.
Latsis Group on Monday announced it has raised its majority equity holding in Hellenic Petroleum to 40.984 pct. In an announcement to the Athens Stock Exchange, Latsis Group said it has purchased an additional equity stake in Hellenic Petroleum in the period from September 2008 to December 2009 -through its affiliate Paneuropean Oil and Industrial Holdings- raising its equity stake in the company to 40.984 pct, from 39.023 pct.
Latsis Group on Monday announced it has raised its majority equity holding in Hellenic Petroleum to 40.984 pct. In an announcement to the Athens Stock Exchange, Latsis Group said it has purchased an additional equity stake in Hellenic Petroleum in the period from September 2008 to December 2009 -through its affiliate Paneuropean Oil and Industrial Holdings- raising its equity stake in the company to 40.984 pct, from 39.023 pct.
Latsis Group’s equity stake totals 125,262,955 common nominal shares. The group’s stake is larger than the Greek state’s (27.46 pct plus an additional 8.02 pct owned by DEKA, totaling 35.48 pct).
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