Greece's largest listed company seeks FTSE move

Natalie Kenway
clock

The largest company listed on the Athens stock exchange is seeking to re-list in the UK, potentially placing it in the FTSE 100, as the company attempts to flee the Greek economic crisis.

Coca-Cola Hellenic Bottling SA, the world's second-largest Coca-Cola bottler, established a new company in Switzerland to make a share exchange offer and seek a primary listing on the London Stock Exchange, as well as a listing in New York, a filing to the Athens bourse said today. If the London listing gets the go-ahead, Coca-Cola Hellenic Bottling SA, with a market value of around £4.6bn could become the 69th largest stock in the FTSE, placing it above InterContinental Hotels Group and Severn Trent. In a conference call, reported on Bloomberg, the chief executive Dimitris Lois said ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Europe

FundCalibre's Schooling Latter: The shifting sentiment in Europe

FundCalibre's Schooling Latter: The shifting sentiment in Europe

Portfolio picks

Juliet Schooling Latter
clock 27 March 2024 • 4 min read
Timing of ECB rate cuts in doubt as core eurozone inflation measure disappoints

Timing of ECB rate cuts in doubt as core eurozone inflation measure disappoints

Services price inflation remains sticky

Valeria Martinez
clock 01 February 2024 • 1 min read
Eurozone inflation rises to 2.9%

Eurozone inflation rises to 2.9%

Driven by energy prices

Elliot Gulliver-Needham
clock 05 January 2024 • 1 min read
Trustpilot