Laiko Group to unify operations in major corporate restructuring

Cypriot business conglomerate Laiko Group will proceed with a corporate restructuring that will dissolve Laiko Holdings Public Ltd and absorb it into Laiko Kafekopteio Public Ltd, according to the restructuring plan published in the Official Gazette earlier this month.

According to the plan, following a share exchange, Laiko Kafekopteio will also become the sole shareholder of LOEL Public Company Ltd, effectively unifying the group’s structure under a single entity.

To approve the process...