News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Greece offers new assets in privatisation push

With the bailout inching forward, Greece is seeking bids for the state-owned gas company and the vast Olympics media centre

The Hellenic Republic Asset Development Fund, Greece’s privatisation scheme established last summer to raise money for the debt-stricken country, has brought two new assets to the market this week as the country continues to make headlines with its most recent bailout.

The fund, an entity that is transferred assets by the state for privatisation, is seeking bids for state-owned utility company Public Gas Corporation and its distribution subsidiary Hellenic Gas Transmission System Operator.

WSJ Logo