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Deals and transactions tracker: Greece and Cyprus (2026)

A running, source-linked log of disclosed 2026 transactions in Greece and Cyprus, from bank portfolio transfers and ship sales to hotel deals and IPOs.

Coverage: Greece, Cyprus · Data as of: Issuer, exchange, regulator and government releases checked 27 Oct 2026; latest entries 26 Oct 2026 (Cronos main development contracts signed; GEK TERNA €500m notes priced; HELLENiQ Energy–Staroil agreement signed) and 24 Oct 2026 (Masdar–Lightsource bp solar acquisition signed), plus reported hotel and newbuilding deals to 26 Oct 2026 · 2829 words

How this tracker works#

Each row gives the date, the parties, the sector, the value as disclosed (with its source) and the status.

  • Sources. Each entry is confirmed against a release from the issuer, the exchange or the government wherever one exists.
  • Press-only items are marked reported by [outlet], [date]. They are never shown as completed unless a party to the deal has confirmed completion.
  • Values. A value appears only if a party disclosed it. Otherwise it reads "undisclosed". We do not estimate.
  • Status:
    • announced: agreed or disclosed, but not completed;
    • approved: board or regulatory approval given;
    • signed: contract executed;
    • completed: closed or settled.
  • Order. Rows are newest first and are added on each daily scan.

Tracker#

DatePartiesSectorDisclosed value (source)Status
26 Oct 2026Eni Cyprus (operator, 50%) and TotalEnergies: main engineering, procurement, construction, installation and drilling contracts for the Cronos gas field, Block 6, Cyprus. Scopes include a floating control unit, subsea production system, sealines, flexible lines, umbilicals, an onshore line and rig servicesEnergy (gas, upstream)Not disclosed by Eni (Eni release, 26 Oct 2026; Cyprus Ministry of Energy). Up to $1.8bn, with contractors including Baker Hughes, TechnipFMC, Saipem, McDermott, Oceaneering, Dalmine, CMHI and Petrojet, reported by Cyprus Mail, 26 Oct 2026. See the Cronos noteSigned; execution phase launched, start-up targeted for H1 2028
26 Oct 2026GEK TERNA S.A.: €500m senior unsecured notes due 2033, 4.750% fixed coupon, issue price 99.575%; expected ratings BBB- (S&P) and Baa3 (Moody's)Capital markets (corporate bond) / infrastructure€500.0m; orders above €2.3bn (GEK TERNA announcement, 26 Oct 2026, PDF). See the bond notePriced; settlement scheduled for 2 Nov 2026, Luxembourg listing to be sought
26 Oct 2026HELLENiQ Energy Cyprus Holdings Ltd (buyer): acquisition of Staroil (Cyprus) Ltd, a Cypriot oil products and fuel trading companyEnergy (fuel trading, Cyprus)Undisclosed (company announcement, as published by Cyprus Business Now and Stockwatch, 26 Oct 2026)Signed; subject to approval by the Cyprus Commission for the Protection of Competition
26 Oct 2026Pavimar (Greece; Ismini Panagiotidi): four Kamsarmax bulk carrier newbuildings at Hengli Heavy Industries (China), delivery through 2029Shipping (newbuilding)Undisclosed; reported by Mononews, 26 Oct 2026, citing shipbroking sources. Broker price estimates are not shownReported; not confirmed by the company
24 Oct 2026Masdar (UAE), via TERNA ENERGY (buyer) and Lightsource bp (seller): solar PV project of more than 550 MW in Greece, with two private substations; battery storage to be addedEnergy (solar)Undisclosed (Masdar release, 24 Oct 2026). Project identified as the 560 MWp Enipeas complex (Larissa/Fthiotida) by Mononews, 26 Oct 2026. See the deal noteSigned; subject to regulatory approval, closing expected by end-2026
23 Oct 2026Robin Energy Ltd (Nasdaq: RBNE; Limassol, Cyprus) (buyer) and AI OKTO Corp (seller), a Nasdaq-listed company controlled by Robin's chairman and CEO: 2015-built 5,000 cbm LPG carrier (Dream Arrax, per AI OKTO). Related-party deal approved by special committees of independent directorsShipping (LPG, second-hand)$18m, cash on hand (Robin Energy release, 23 Oct 2026; AI OKTO release)Signed; delivery expected Q4 2026, subject to closing conditions
23 Oct 2026Alltours (Germany): Calypso Beach (323 units) and Calypso Palace (139 rooms), Faliraki, Rhodes, to join its Allsun Hotels & Resorts brand from summer 2027, with exclusive German-speaking-market salesHospitality (hotel operating contracts)Undisclosed; 462 rooms in total. Reported by aviation.direct, 23 Oct 2026. Described as contracts, not a change of ownershipReported; not confirmed in a company release we could find
23 Oct 2026Lavinia Bulkers (Greece; Laskaridis family): four 212,000 dwt Newcastlemax bulk carrier newbuildings at Zhoushan Changhong (China), delivery 2030Shipping (newbuilding)Undisclosed; reported by Splash247, 23 Oct 2026, citing brokers. Broker price estimates are not shownReported; not confirmed by the company
23 Oct 2026Evropi Holdings (seller) to ABINVEST I S.A., a wholly owned Alpha Bank subsidiary: office building at Papada and Adrianeiou 2, AthensReal estate (offices)€21.8m, paid in full on signing; existing leases transfer with the building (Evropi Holdings announcement, 23 Oct 2026, PDF, Greek). Follows a binding pre-agreement announced 11 Apr 2025Completed (23 Oct 2026, per seller)
23 Oct 2026Trastor REIC (buyer) and Ethniki Hellenic General Insurance (seller): multi-storey building at 1 Skouleniou Street, Athens. Both are Piraeus Bank group companies (Piraeus holds 83.89% of Trastor), so this is a related-party dealReal estate (REIC)€4.26m; independent valuation by P. Danos & Associates and a Grant Thornton fairness report (Trastor announcement, 23 Oct 2026, PDF)Approved (Trastor board, 23 Oct 2026); notarial deed not yet reported signed
23 Oct 2026Interests of Nikos Koutras (chief executive of Akti Hotels & Resorts) acquire Sheraton Rhodes Resort (401 rooms, Ixia) from Spain's Azora, to run it under own ownership from the 2027 seasonHospitalityUndisclosed; reported by Dimokratiki (Rhodes), 23 Oct 2026, citing its own information. No statement from the parties foundReported; not confirmed by the parties
23 Oct 2026Eurolife Life Insurance (seller) to Fairfax (US) Inc.: 59,536,119 Eurobank shares (1.65%), plus 10% of Grivalia Hospitality and Eurolife's CairoMezz sharesBanking / insurance / hospitality (Greece)A block of 59,536,119 Eurobank shares worth €246.96m was traded on 23 Oct 2026 (Euronext Athens daily official list, PDF). Seller, buyer and €55.35m for 10% of Grivalia Hospitality reported by Euro2day, 24 Oct 2026, as a step before Eurobank's acquisition of 100% of Eurolife LifeEurobank block traded (per exchange); parties and other transfers reported, not yet confirmed by an issuer filing
23 Oct 2026Circet Europe SAS: sole control of Paralos Energy P.C. and subsidiaries (Paralos Group)Energy services (EPC, SCADA)Undisclosed (HCC decision 922/2026, press release, 23 Oct 2026)Approved by the Hellenic Competition Commission
23 Oct 2026Danaos Corporation: containership newbuilding order at CSSC Hudong-Zhonghua (China)Shipping (newbuilding)Undisclosed; reported by TradeWinds, 23 Oct 2026. No company release foundReported; not confirmed by the company
22 Oct 2026Titan Global Finance Plc (guaranteed by Titan SA): €150m tap of its 3.500% notes due 4 Feb 2031, taking the series to €500mCapital markets (corporate bond) / building materials€150m, priced 21 Oct 2026 at 100 bp over mid-swaps; orders close to three times the target; settlement 26 Oct 2026 (Titan release, 22 Oct 2026, PDF)Priced; settlement scheduled for 26 Oct 2026 per the issuer. No separate settlement notice published on Euronext Athens as of 27 Oct morning
22 Oct 2026Lordos United Plastics: acquisition of 51% of P&S Carton Industries LtdPackaging / manufacturing (Cyprus)€8.16m for 35,700 shares; the sellers keep 49% (Lordos United CSE announcement, 22 Oct 2026, via Stockwatch, Greek)Completed (22 Oct 2026, after Cyprus competition clearance; agreement signed 10 Jul 2026)
21 Oct 2026Bank of Cyprus; Cyprus Development Bank (cdbBank): transfer of substantially all performing loans and depositsBanking (Cyprus)Performing loans of about €130m gross book value and deposits of about €440m, at a price near par; cdbBank estimates a total discount of about €2.8m on the assets transferred (BoC completion announcement, 21 Oct 2026, PDF; cdbBank CSE announcement, PDF). At the March agreement the figures were about €150m and €500m (BoC, 23 Mar 2026, PDF)Completed (21 Oct 2026, per both parties)
21 Oct 2026Endeavor Catalyst Fund V: commitments from 17 Greek investors, including Alpha Bank, Eurobank, National Bank of Greece and Piraeus BankVenture capital (fund commitments)Fund V closed at $320m (Endeavor, 7 Oct 2026). Greek commitments of $70m, 22% of the fund, reported by Naftemporiki, 21 Oct 2026, citing an Endeavor Greece presentationFund closed (per Endeavor); Greek share reported
20 Oct 2026Motor Oil (via IREON Investments): 60% of ENACT (waste collection and management)Environment / waste managementUndisclosed. SPA signed 29 May 2026 (Motor Oil, 2 Jun 2026); the Hellenic Competition Commission published the notification on 20 Oct 2026 (HCC, Greek)Signed; under competition review
20 Oct 2026Capital Maritime Finance Corp. (containerships): IPO of 40,000,000 new shares and listing of all 140,000,000 shares on the Main Market of Euronext Athens (ticker CMFC)Shipping (containerships) / capital markets€300.0m raised at €7.50 per share; demand of €1,085.6m, more than 4.34 times covered; market capitalisation €1.05bn at the offer price (offering results, 19 Oct 2026, PDF; Euronext, 20 Oct 2026). See the capital markets noteCompleted (offering priced 15 Oct; trading from 20 Oct 2026)
19 Oct 2026CrediaBank; Evropi Holdings: merger by absorption of Evropi into CrediaBankBanking / insurance (Greece)Not restated in the approval notice, which refers back to the parties' announcements of 17 Sep 2026 (joint announcement on Competition Commission approval, 19 Oct 2026, PDF)Approved by the Hellenic Competition Commission (19 Oct 2026) and by both extraordinary general meetings (23 Oct 2026). Completion expected on or around 30 Oct 2026, with 212,257,200 new CrediaBank shares trading from about 2 Nov 2026; Evropi shares last trade 26 Oct and leave the FTSE/ATHEX indices from the 27 Oct session (Euronext Athens notice, 23 Oct 2026, PDF; timetable announcement, 23 Oct 2026, PDF)
19 Oct 2026Euroseas (seller): M/V Evridiki G, 2001-built 2,556 TEU feeder containership, to an unaffiliated buyerShipping (containerships)About $26m; expected gain on sale about $22.5m (Euroseas release, PDF)Agreed; delivery to buyer expected end-October 2026
19 Oct 2026Cenergy Holdings (Hellenic Cables Americas): Baltimore, US land-cable plant expansionIndustry (cables)Undisclosed; self-funded, about double the land-cable capacity initially planned (ATHEX announcement, PDF)Approved (board)
14 Oct 2026EuroDry; Hengli Shipbuilding (Dalian): third 82,000 dwt Kamsarmax bulk carrier, delivery Q3 2029Shipping (newbuilding)About $37m (EuroDry release, PDF)Signed; conditional on a bank refund guarantee
14 Oct 2026Vivartia Holding (seller) and Recipe Unlimited Corporation (buyer, Canada): 100% of Evergood, operator of more than 575 restaurants (Goody's, Everest, Flocafe, La Pasteria, Jackaroo)Food service / travel retailUndisclosed (Vivartia release; Recipe release, 15 Oct 2026). An enterprise value of about €298m is reported by Mononews, 15 Oct 2026; not confirmed by the partiesSigned (definitive SPA); closing subject to regulatory approvals
12 Oct 2026Petros Petropoulos S.A.: 100% of Tzortzis Trading and Car Service S.A.Automotive trade and service€6.5m: €2.6m at completion and the rest in three equal annual instalments (company announcement, PDF, Greek)Signed (definitive agreement); subject to competition approval and the demerger of the target's real-estate branch
Oct 2026MHV Mediterranean Hospitality Venture (Cyprus) takes over Moxy Athens City (200 rooms, Omonia)Hospitality€58.743m in new MHV shares issued to Prodea for 100% of Rinascita S.A. (owner of Moxy Athens City) together with 75% of the Bellevue Hotel Cortina fund. Not split per asset (MHV announcement, 20 Mar 2026, PDF; MHV takeover notice)Completed (per issuer)
30 Sep 2026Growthfund: 22 regional airports, 40-year concession. Phase A interest from Athens International Airport, GEK TERNA–GMR Airports Greece, and Fraport AG–Delta Airport InvestmentsInfrastructure (airports)Not applicable at this stage (Growthfund)Tender (Phase A)
Sep 2026Highgate and Eternam (Alcyon Hospitality Europe): Zafolia Hotel Athens (191 keys), via 100% of Attikos Ouranos S.A.HospitalityUndisclosed (buyers' press release)Completed (per buyers)
5 Aug 2026Meridiam enters Great Sea Interconnector (GSI) as majority shareholder; IPTO stays a strategic shareholderEnergy (interconnector)Undisclosed (ADMIE Holding notice, PDF). A 66% stake is reported by MEES, 21 Aug 2026Signed
Jun 2026IPTO: €1bn share capital increase; ADMIE Holding offeringEnergy (grid)ADMIE Holding issued 130,864,197 new shares; trading began 24 Jun 2026 (ADMIE Holding, PDF)Completed
22 Jun 2026Hellenic Republic, Growthfund and Kalamata Airport S.A. (Fraport 51%, Delta Airport Investments 24.5%, Pileas 24.5%): 40-year Kalamata airport concessionInfrastructure (airports)€45m initial consideration; €125m investment programme (Fraport Greece)Signed
20 May 2026Public Power Corporation (PPC): share capital increaseEnergy (utility)€4.25bn; 228,126,677 new shares at €18.63 (PPC announcement, PDF)Completed

More detail on the two airport transactions is in the airport concessions note.

Projects and announcements (not transactions)#

These items are investment signals. None of them is a change of ownership.

  • 24 Oct 2026, Masdar–Khazna Data Centers. Agreement to advance green data centre development; the partners will explore data centres in Greece powered by dedicated renewables and storage; no amount, site or capacity stated (Abu Dhabi Media Office, 24 Oct 2026). See the Masdar solar note.
  • Cronos gas field (Cyprus). The press reports of 23 Oct 2026 on imminent contracts were confirmed when Eni signed the main development contracts on 26 Oct 2026; see the tracker row above and the Cronos note.
  • 22 Oct 2026, Great Sea Interconnector. Nexans said its 2026 guidance does not assume any GSI execution this year (Nexans 9M 2026 financial information, 22 Oct 2026). On the results call, the chief executive described 2028 as a possible restart window for the cable work if the project resumes, reported by Cyprus Mail, 24 Oct 2026.
  • 22 Oct 2026, UAE–Greece Strategic Forum (Athens). 18 MoUs, agreements and commercial partnerships "exceeding €12.75bn", plus a UAE intention to invest a further €15bn (Abu Dhabi Media Office). They include an MoU between Growthfund, HDBI and Mubadala to explore co-investments; no amount was stated (Growthfund). These are memoranda and intentions, not completed investments. See the UAE–Greece forum note.
  • 14 Oct 2026, METLEN / Karatzis. Inauguration of a 330 MW / 790 MWh battery storage project in Larissa. See the energy note.
  • 20 Oct 2026, Aphrodite gas field (Cyprus). The Financial Framework Agreement for developing the field and piping its gas to Egypt was initialled in Alexandria, with the Egyptian and Cypriot energy ministers present (Egyptian Ministry of Petroleum). Initialling is not final signature. See the energy note.
  • 20 Oct 2026, Great Sea Interconnector. The Cyprus regulator's chair said its latest estimate moves energisation to 1 January 2031 and that it is still awaiting IPTO's answers on Meridiam's entry. Reported by energypress, 20 Oct 2026.
  • 19 Oct 2026, Aspropyrgos business park. A business park (ΒΙΠΑΝΟΤ) of about €25 million and more than 2 km² in Aspropyrgos (Attica). The minister said a joint ministerial decision would follow. Reported by ekathimerini, 19 Oct 2026. The project is not yet confirmed in the Gazette.

What the tracker does not do#

  • No valuation. It does not judge whether a deal is good value or what it means for share prices.
  • No unverified figures. Undisclosed terms stay undisclosed.
  • No ranking. It is not a league table of advisers or buyers.

For the economic background, see the investment climate note. Official forecasts are collected in the forecasts tracker.

Sources#

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