Financial Times FT.com

Marfin enters final stages of €5.2bn share offering

By Martin Arnold in London and Kerin Hope in Athens

Published: June 28 2007 23:39 | Last updated: June 28 2007 23:39

Marfin Investment Group, the private equity unit of Greece’s Marfin Popular Bank, has closed the book on its €5.19bn ($6.98bn) capital increase – the biggest in Europe this year – and plans to finish its roadshow on Friday after only two weeks.

With investors providing commitments for the full issue, MIG is pressing ahead with its share sale on July 19, outstripping the previous record for the year of $5bn raised by Kohlberg Kravis Roberts for its fund on Euronext Amsterdam.

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