Electronics retailer Currys has agreed a deal to sell its Greek and Cypriot arm for 200 million euros .
The division was put up for review in June as part of Currys’s plan to focus solely on its larger UK and Ireland and Nordics businesses, with aims to turnaround the loss-making Nordic arm.Alex Baldock, Currys chief executive said: “This proposed sale of Kotsovolos is an excellent outcome for Currys and for our shareholders.
Athens-based buyers PPC is the largest power supplier in Greece and is the majority owner of the country’s electricity distribution network.
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