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GREEK FUND TO INVEST 15 BILLION EURO IN COMPANIES IN BULGARIA, GREECE, SERBIA
13:51 Fri 06 Jul 2007
 

Greek investment fund Marfin Investment, part of Greek Marfin Popular Bank will invest 15 billion euro in company acquisitions in Bulgaria, Greece and Serbia.

The company will act as a public investment fund with transparent structure of making operations, Financial Times reported as quoted by investor.bg reported.

The fund will refrain from imposing service fees. Top managers will have an option to receive company's shares when their price reaches 10 euro per share.

Investor concerns are related to the choice of appropriate for acquisition companies from the target markets. Another concern is Marfin's competitiveness in the telecommunications and healthcare sectors on which it will focus.

One of the largest shareholders in Marfin Investment is the investment fund Dubai Financial Group which is expected to hold eight per cent of the company's capital.

 
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