S. Emmanuil
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A 35.7-percent stake held by the troubled Folli Follie group in the Attica department store, located in a prominent central Athens location, was divided up on Wednesday between a creditors bank and the commons-like mall’s other shareholders.
FF’s shares were auctioned off, with 10.5 percent passing to other Attica shareholders, and 25.2 percent to the National Bank of Greece.
UK-based Sportsdirect had initially expressed an interest in the auction, and even provided a 12-million-euro letter of guarantee, before eventually dropping out of the process.
