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BC Partners buys majority share in Pharmathen‏

Pharmathen on Tuesday announced the signing of a partnership agreement in principle for the purchase of a majority share by BC Partners. In an announcement, Pharmathen said that the Katsos family will remain in the Group with a significant equity stake and will retain management.
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Public Power Corporation says revenue up, profits down in Q1‏

Public Power Corporation (PPC) on Thursday said its revenue grew 4.0 pct in the first quarter of 2015, but higher provisions (187 million euros) and increased spending on energy supplies had a negative effect on results, with net profits falling to 55.7 million euros in the January-March period from 81.3 million euros in the same period last year.
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Hellas online reports lower Q1 results‏

Hellas online on Thursday said its revenues fell 9.1 pct to 49.7 million euros in the first quarter of 2015, from 54.7 million in the same period last year. The company attributed this development to a decline in average revenue per customer because of intense price competition in the market and a reduction in end-call charges in fixed-telephony networks.
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Piraeus Bank reports net profit of 23 mln euros in Q1‏

Piraeus Bank on Wednesday reported net profits of 23 million euros in the first quarter of 2015, while net revenues rose 6.0 pct year-on-year to 589 million euros. Net interest income rose 4.0 pct to 500 million euros, but fell 2.0 pct compared with the fourth quarter of 2014, largely reflecting the use of the ELA mechanism in the first three months of the year.
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Mytilineos Group says turnover down 6.6 pct in Q1‏

Mytilineos Group on Wednesday reported a 6.6 pct decline in its first quarter turnover to 320.6 million euros, from 343.3 million in the same period last year. EBITDA rose 10.4 pct to 74.7 million euros, while net after tax and minorities earnings grew 49.7 pct to 22.8 million euros.
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Fourlis says sales up in Q1‏

Fourlis Group on Tuesday reported higher sales and operating earnings in the first quarter of 2015, with sales totaling 88.6 million euros in the January-March periods, from 84.4 million in the same period last year. EBITDA grew to 1.1 million euros, from 900,000 euros in 2014, while pre-tax losses edged higher to 6.1 million euros from 6.0 million over the same periods, respectively. After tax and minorities losses rose to 5.2 million euros in the first three months of 2015 from 4.4 million last year.
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Piraeus Bank agrees to sell Egyptian subsidiary to Al Ahli Bank of Kuwait for 150 mln US dollars‏

Piraeus Bank on Thursday announced it has reached a definitive agreement with Al Ahli Bank of Kuwait K.S.C.P. (“ABK”) to sell its stake (98.5%) in Piraeus Bank Egypt S.A.E. (“PBE”), its Egyptian subsidiary. The deal is subject to central bank of Egypt and other regulatory approvals in Egypt, Greece and Kuwait, including the Hellenic Financial Stability Fund (HFSF).
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Eurobank reports lower losses in Q1

Greek lender Eurobank on Thursday reported losses of 94 million euros in the first quarter of 2015, versus losses of 524 million in the fourth quarter of 2014. The bank said its results from international activities were positive, reporting net profits of 15 million euros from a loss of 47 million in the fourth quarter of 2014.
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