{"id":592,"date":"2021-01-11T00:00:00","date_gmt":"2021-01-10T22:00:00","guid":{"rendered":"https:\/\/ir.epsilonnet.gr\/2021\/01\/11\/epsilon-net-hereby-announces-further-to-the-announcements-dated-21-10-2020-30-11-2020-and-30-12-2020-the-successful-completion-of-the-purchase-process-regarding-the-participation-of-marfin-invest\/"},"modified":"2022-03-18T13:18:52","modified_gmt":"2022-03-18T11:18:52","slug":"epsilon-net-hereby-announces-further-to-the-announcements-dated-21-10-2020-30-11-2020-and-30-12-2020-the-successful-completion-of-the-purchase-process-regarding-the-participation-of-marfin-invest","status":"publish","type":"post","link":"https:\/\/ir.epsilonnet.gr\/en\/2021\/01\/epsilon-net-hereby-announces-further-to-the-announcements-dated-21-10-2020-30-11-2020-and-30-12-2020-the-successful-completion-of-the-purchase-process-regarding-the-participation-of-marfin-invest\/","title":{"rendered":"EPSILON NET&#8221; hereby announces, further to the Announcements dated 21\/10\/2020, 30\/11\/2020 and 30\/12\/2020, the successful completion of the purchase process regarding the participation of &#8220;MARFIN INVESTMENT GROUP HOLDINGS S.A.&#8221;"},"content":{"rendered":"<p><strong>&#8220;EPSILON NET&#8221; <\/strong>hereby announces, further to the Announcements dated 21\/10\/2020, 30\/11\/2020 and 30\/12\/2020, the successful completion of the purchase process regarding the participation of <strong>&#8220;MARFIN INVESTMENT GROUP HOLDINGS S.A.&#8221; (&#8220;MIG&#8221;) in &#8220;SINGULARLOGIC INFORMATION TECHNOLOGY SYSTEMS AND SOFTWARE APPLICATIONS S.A.&#8221; (&#8220;SINGULARLOGIC&#8221;)<\/strong> by the investment scheme <strong>&#8220;EPSILON NET&#8221; and &#8220;SPACE HELLAS&#8221;<\/strong> by signing today the transfer deed for the entire stake held by &#8220;MARFIN INVESTMENT GROUP HOLDINGS S.A.&#8221; (&#8220;MIG&#8221;) directly and indirectly (through its wholly owned subsidiary &#8220;TOWER TECHNOLOGY HOLDINGS (OVERSEAS) LIMITED&#8221;) in SINGULARLOGIC.<\/p>\n<p>As already announced the total consideration of the transaction, including the consideration for the transfer of the shares and the consideration for the transfer of <strong>SINGULARLOGIC\u2019s loan liabilities towards PIRAEUS BANK, amounted to \u20ac18,050,000 <\/strong>and was fully paid by the buyers.<\/p>\n<p>SINGULARLOGIC was transferred free of loan liabilities towards PIRAEUS BANK and MIG, while on 31\/12\/2020 its cash stood at approximately \u20ac2m.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EPSILON NET&#8221; hereby announces, further to the Announcements dated 21\/10\/2020, 30\/11\/2020 and 30\/12\/2020, the successful completion of the purchase process regarding the participation of &#8220;MARFIN INVESTMENT GROUP HOLDINGS S.A.&#8221; (&#8220;MIG&#8221;) in &#8220;SINGULARLOGIC INFORMATION TECHNOLOGY SYSTEMS AND SOFTWARE APPLICATIONS S.A.&#8221; (&#8220;SINGULARLOGIC&#8221;) by the investment scheme &#8220;EPSILON NET&#8221; and &#8220;SPACE HELLAS&#8221; by signing today the transfer deed for the entire stake held by &#8220;MARFIN INVESTMENT GROUP HOLDINGS S.A.&#8221; (&#8220;MIG&#8221;) directly and indirectly (through its wholly owned subsidiary &#8220;TOWER TECHNOLOGY HOLDINGS (OVERSEAS) LIMITED&#8221;) in SINGULARLOGIC.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[14],"tags":[389],"class_list":["post-592","post","type-post","status-publish","format-standard","hentry","category-athex-announcements","tag-purchase-of-singular-logic"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - 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