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Ferry deal keeps Marfin on course for float pledge

Marfin Investment Group, an Athens-listed private equity group, has acquired a stake in a Greek ferry company as it looks to commit 80% of the €5.2bn ($7.4bn) it raised in a July flotation within six months.

Marfin acquired 49.9% of the Athens-listed ferry group Attica Holdings for €5.50 per share, it said. Together with its existing shareholding, Marfin now owns 51.3% of the company.

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