Sklavenitis buyout of embattled Marinopoulos group emerges; banks to extend 360mln€ credit line

A last-ditch scheme to keep Greek supermarket retailer Marinopoulos afloat emerged on Wednesday, with rival Sklavenitis confirming recent reports that it will buy-out the former using bank financing of up to 360 million euros.
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sklavenitis buys marinopoulos
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