Mergers and acquisitions
Business opportunities arise as several businesses are being entering into new schemes thus offering a much needed consolidation into the fragmented Greek market. After the announced merger of Olympic Air with Aegean airlines to be effective as of this fall, on July,15,2010 came from PIRAEUS Bank the first consolidation offer in the banking/financial sector for the acquisition of the Hellenic PostBank and of the Agricultural bank. There is certainly much to follow on various levels, schemes and sizes on a trend that seems to grow after considerable delay. It is much anticipated that the antiquated legal frame will also follow with more straight forwarded and simplified procedures.