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Intracom Holdings SA to sell its stake in Hellas Online SA to Vodafone-Panafon


Friday, 22 Aug 2014 07:38am EDT 

Intracom Holdings SA:Says that the two Groups-shareholders (Intracom Holdings SA: 57.24pct and Vodafone-Panafon: 18.43pct) of Hellas Online SA (HOL) have signed a binding agreement for the acquisition Intracom Holdings' aforementioned stake in HOL by Vodafone–Panafon, at a total price of 57,2 million euros.Says the total price may be amended depending on events that will affect the financial situation HOL until the completion of the transaction.Says that the completion of this transaction is subject to a number of conditions, including all necessary authorities and regulatory approvals.