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Crowe SOL to monitor implementation of Sklavenitis-Marinopoulos deal

Crowe SOL to monitor implementation of Sklavenitis-Marinopoulos deal

Greece’s competition watchdog on Monday appointed Crowe SOL SA as supervising executive in monitoring terms and conditions of a Sklavenitis-Marinopoulos merger deal.

A Competition Commission announcement said Crowe SOL wil monitor the implementation of all related terms and conditions by Sklavenitis Group in a deal to buy Marinopoulos supermarkets.

Crowe SOL will ensure the continuing financial viability and competitiveness of the 22 supermarket units sold in the prefects of Attica, Heraclion and Lasithi until completion of their sale and will monitor commercial partnership by Sklavenitis with local suppliers used by Marinopoulos.

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