Diversified Cypriot group Yoda PLC, a firm controlled by Greek real estate magnate Ioannis Papalekas, has bought up $29.2m more in the stock of Evangelos Marinakis’ Capital Product Partners, pushing its holding to nearly 22% of the company.
As TradeWinds reported on 2 January, Yoda initially acquired an 18% stake in Capital Product for $160m as Marinakis sought out financial backing for his efforts to build out the company’s presence in the LNG sector.
