Souriadakis Tsibris represents Alter Ego SA in Law 4307 auction

08/04/2021

Souriadakis Tsibris represented Alter Ego S.A. in its bid for the assets of Naftemporiki SA, a company under special liquidation as per law 4307/2014. Our firm assisted Alter Ego in preparation and submission of its bid, according to the rules and guidelines provided by relevant legislation and the ‘special administration’ of the debtor. In fact, two bids were submitted for two separate groups of assets, however none was found to be the highest. It is the third time that our firm has undertaken such a procedure for the same client – the two previous ones involving DOL S.A. and TELETYPOS S.A. (MEGA Channel) in 2017 and 2019 respectively, whereby Alter Ego had successfully acquired – among other assets, the leading newspaper titles ‘TA NEA’ and “TO VIMA’, as well as the name and other assets of the iconic television channel MEGA.