Marfin Investment Group SA (MIG), southeast Europe’s biggest buyout fund, said its Delta Foods SA unit completed the sale of a 90 percent stake in its Cypriot subsidiary, Vivartia Cyprus Ltd.
Delta sold the stake to Cypriot businessmen Alexis Charambilides and Menelaos Shiacolas, Athens-based MIG said today in a filing to the city’s bourse. Marfin said Nov. 23 it would sell the stake in the subsidiary for 42 million euros ($54.7 million).
To contact the reporter on this story: Tom Stoukas in Athens at email@example.com
To contact the editor responsible for this story: Angela Cullen at firstname.lastname@example.org