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Bernitsas Advises Citigroup Global Markets on Placement of Shares in Jumbo SA

Bernitsas Advises Citigroup Global Markets on Placement of Shares in Jumbo SA

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Bernitsas has advised Citigroup Global Markets Limited on the successful placement of 4 million shares (amounting to approximately 3%) in Jumbo SA.

Citigroup Global Markets Limited is Citigroup's international broker-dealer providing institutional brokerage services.

Jumbo SA is listed on the Athens Stock Exchange and is a retailer of toys, stationary, home products, and seasonal items in Greece. It is also an operator of toy and entertainment retail stores in the Balkans.

Earlier, in 2021, Bernitsas advised on another CGML’s placement of Jumbo Shares (as reported by CEE Legal Matters on April 6, 2021).

The Bernitsas team included Partners Nikos Papachristopoulos and Maria Nefeli Bernitsa.

Bernitsas declined to provide additional information on the matter.