Piraeus Bank is preparing to offload its stake in Greece’s largest ferry company Hellenic Seaways (HSW).
HSW’s biggest lender and second largest shareholder has appointed Lazard as financial advisor on the potential disposal of its 40.4% holding, a source confirmed to TradeWinds.
Piraeus Bank has put its entire stake up for sale while TradeWinds understands the process is expected to be completed within two to three months.
Greek
