Canada's Fairfax buys Mytilineos stake in second bet on Greece - Reuters
Canadian investment fund Fairfax Holdings (FFH.TO: Quote, Profile, Research, Stock Buzz) has become the third-biggest shareholder of Greek industrial group Mytilineos (MYTr.AT: Quote, Profile, Research, Stock Buzz), acquiring a 5 percent stake worth about 30 million euros ($41 million), Reuters reported. The deal confirms a trend of overseas funds placing small investments in the bailed-out country, betting on a recovery from its deepest postwar economic slump.
21 October 2013•2 mins read
