Piraeus Bank: Two bids submitted for the acquisition of Avis

Tuesday, August 1st, 2017
Last Update: 09:38

Virtus South European Fund and Fortress submitted their offers for the acquisition of “Olympic Commercial and Tourism Enterprises S.A.”, which is the holder of the master franchise of Avis Rent a Car.

As per the same reports, Avis recorded in FY’16 sales of €153m and EBITDA of €76m.

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