Greece launches new tender for privatization of TrainOSE‏

30 January 2016
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Hellenic Republic Asset Development Fund on Wednesday announced a new international tender for the privatisation of TrainOSE after it declared a previous tender annulled.

In an announcement, the Fund said its aim was to attract bigger investment interest for the company, the sole provider of railway services in the Greece. Candidate investors will be able to express their interest to the Fund’s financial advisors from February 1, with a deadline for submitting binding offers scheduled for April 26, 2016.

Investment Bank of Greece and Kantor Management Consultants will act as financial advisors to the Fund, Hogan Lovells International LLP and M.&P. Bernitsas Law firm will act as legal advisors and Louis Berger SA as technical advisor.

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