Local retailer Public to form new company with MediaMarktSaturn's Greece subsidiary

Tuesday, 02 July 2019 19:24
UPD:19:32
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A major deal in Greece’s electronic and white goods sector was announced on Tuesday, with the Olympia group – which owns the Public stores in Greece and Cyprus – to control a 75-percent stake in a new retailer that will include Media Markt Hellas.

The latter is the Greece subsidiary of German multinational Saturn-Holding GmbH (MSH).

The MediaMarktSaturn group will retain 25 percent in the new retailer.

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