Eurobank EFG and Intracom Holdings announced today that they concluded the share transfer of the 100% of the share capital of Hellas on Line | Eurobank
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Eurobank EFG and Intracom Holdings announced today that they concluded the share transfer of the 100% of the share capital of Hellas on Line

EFG Eurobank Ergasias S.A. (EurobankEFG) and INTRACOM HOLDINGS S.A(Intracom Holdings) announced today (31st January 2006) that they concluded the share transfer of the 100% of the share capital of Hellas on Line from Eurobank EFG to Intracom Holdings at a consideration of €18,950,000.

Taking into account Intracom Holdings` expertise, Eurobank EFG`s cooperation with Hellas on Line is expected to continue in the areas of connectivity services, network management and voice services, as well as in new areas. In view of the above, the transaction price may increase by a maximum of €6,000,000, if revenues generated by Eurobank EFG with Hellas on Line until 30.6.2007, reach the amount of €7,000,000.-