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Greek energy giant set to return to market

Public Power Corporation, Greece's former power monopoly which floated last year, may be returning to the markets to raise capital for further investment.

A report in the Greek newspaper Imerisia quoted Akis Tsochatzopoulos, the development minister, as saying that the company would move ahead with a share capital increase which it will use to finance company investments. The Greek government, which still owns 85% of the company, will probably sell some of its stake in the offering, the report claimed.

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