PRESS OFFICE

Papapolitis & Papapolitis (P&P) is advising Euronet Worldwide on the €300 million acquisition of Piraeus Bank’s Merchant Acquiring Unit and on the formation of a long term strategic partnership between Euronet Worldwide and Piraeus Bank. P&P is advising Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, in an agreement to purchase the Piraeus Bank Merchant Acquiring (PBMA) business of Piraeus Bank (Bank). The transaction is the first of its kind in the Greek market and involves the carve-out and sale of Piraeus Bank’s merchant acquiring business unit, as well as the formation of an exclusive long-term sales and distribution partnership.

Papapolitis & Papapolitis advised the United Group in its acquisition of Greek telecommunications and pay-TV provider Forthnet through the successful completion of a Mandatory Tender Offer completed on the Athens Stock Exchange.

Papapolitis & Papapolitis advised LAMDA Development S.A. in relation to its strategic co-operation with TEMES S.A for the €300 Million development of two luxury hotel complexes in the beach front area of Hellinikon.

Papapolitis & Papapolitis advised Brookstreet Equity Partners LLP in its investment in Internet-of-Things (IOT) Platform Yodiwo, based in Sweden with R&D Center in the tech hub of Patras and implementation systems in Cyprus. Yodiwo is a technology orchestrator of YourDigitalWorld which blends state-of-the-art IOT and artificial intelligence (AI) solutions that transform infrastructure management.  

Papapolitis & Papapolitis has acted as a legal advisor to LAMDA Development S.A. in relation to the fulfilment of the respective condition precedent that provided, among others, the granting of a casino operating license through an international public tender process.

Papapolitis & Papapolitis advised a Greek Real Estate Investment Company (REIC) in relation to the acquisition of a logistics center located in Athens, Greece.

Papapolitis & Papapolitis acted for AXIA Ventures Group the Global Coordinator and Placement Agent in the €68.5 million share capital increase for Terna Energy S.A.

P&P has advised the lenders as well as the initial purchasers of the notes in relation to the financing, for the acquisition by doValue, a leading servicer of nonperforming loans in Southern Europe and listed on the Milan Stock Exchange, of FPS, the former loan servicing company of the Eurobank Group, a leading Greek bank.

Papapolitis & Papapolitis advised the Vodafone Group in the spin off of infrastructure tower assets and the merger with tower assets owned by Wind Hellas of a value c. €1 Billion euros.