Attica Gets OK For Shares Issue

October 14, 1999

Greek ferry operator Attica Enterprises received shareholder approval last Thursday for a one-for-10 bonus share issue and a one-for-10 rights issue at 3,200 drachmas a share. The company will raise a total of $219 million from the rights issue and a private placement of 13.35 million shares with new investors and staff. Proceeds will be used to finance the investment program of the company and its subsidiaries.

Attica Gets OK For Shares Issue

Related News