Koutalidis Advises National Bank of Greece on Austriacard Holdings Dual Listing

Koutalidis Advises National Bank of Greece on Austriacard Holdings Dual Listing

Deals and Cases
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

The Koutalidis law firm has advised the National Bank of Greece on the dual listing of Austrian company Austriacard Holdings on the Athens Exchange and the Vienna Stock Exchange.

According to the firm, the dual listing was part of Austriacard Holdings' cross-border merger by absorption of its Greek-listed subsidiary Inform P Lykos Holdings.

Austriacard Holdings is an Austrian group of IT companies focusing on hardware-embedded security, digital security, information management, and IoT. Inform P Lykos Holdings is a Greece-based company primarily engaged in the provision of products and services for secure document and information management.

"The cross-border merger and listing have delivered a larger group with a listed parent top holding company and are expected to contribute to an improved group profile with an increased geographical footprint and product reach, broader cross-selling opportunities, and economies of scale," Koutalidis informed.

The Koutalidis team was led by Managing Partner Nikos Koritsas and Tax Partner George Naskaris and included Senior Associate Georgia Koutsoukou.

Koutalidis did not respond to our inquiry on the matter.