Nov 2013

Corporate & Commercial Mergers & Acquisitions

Machas & Partners represents the National Bank of Greece for a €653M sale to Invel Real Estate

Machas & Partners represents the National Bank of Greece in connection with the €653M sale to Invel Real Estate (Netherlands) II BV of a 66% stake in its wholly owned subsidiary NBG Pangaea REIC.

Implementation of this complex transaction, the largest M&A deal in Greece in 2013, has required the granting of approvals by national and European authorities including the Hellenic Financial Stability Fund, the European Commission DG Comp and the Hellenic Capital Markets Commission.