16
Mon, Dec
83 New Articles

Koutalidis and Karatzas & Partners Advise on Eurobank Sale of Majority of Eurobank Financial Planning Services

Koutalidis and Karatzas & Partners Advise on Eurobank Sale of Majority of Eurobank Financial Planning Services

Greece
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Koutalidis has advised Eurobank Ergasias S.A. on the sale of 80% stake of subsidiary Eurobank Financial Planning Services to DoValue S.p.A. DoValue was advised by Karatzas & Partners.

According to Koutalidis, "the transaction entailed the assignment of the exclusive 14-year servicing of Eurobank's EUR 5.7 billion future early arrears and EUR 5.6 billion non-performing exposures, and the related shareholders' arrangement governing the parties’ ongoing strategic relationship as shareholders of FPS."