Accumulated shares of the Neorion S.A. company, which controls the Elefsina Shipyard, exceeded the 51-percent mark on Tuesday, a necessary condition in a process for activating an agreement with US-based Onex and the Development Financial Corp. (DFC) for selling off the troubled industrial unit to the latter.
Specifically, a total of 53.22 percent of the shares of Neorion were accumulated.
The next process will commence Onex’s restructuring plan for the shipyard, in tandem with due diligence and legal matters.
