A major deal in Greece’s electronic and white goods sector was announced on Tuesday, with the Olympia group – which owns the Public stores in Greece and Cyprus – to control a 75-percent stake in a new retailer that will include Media Markt Hellas.
The latter is the Greece subsidiary of German multinational Saturn-Holding GmbH (MSH).
The MediaMarktSaturn group will retain 25 percent in the new retailer.