The Azur Selection to Acquire Latin Beach (Front-Beach Site on the Athenian Riviera)
December 11, 2024
The Azur Selection announced a planned acquisition of Latin Beach, a front-beach site on the Athenian Riviera. The transaction will be submitted to an Extraordinary General Meeting (EGM) on December 24, 2024 to approve a share capital increase by contribution in kind of 51% via Georgios Arvanitakis and 49% via XCG Investment S.M.P.C.
- Buyers
- The Azur Selection
- Targets
- Latin Beach Athens P.C.
- Sellers
- Georgios Arvanitakis, XCG Investment S.M.P.C.
- Industry
- Media & Entertainment
- Location
- Greece
- Transaction Type
- Buyout
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