Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATSE:MOTO) signed a preliminary agreement to acquire remaining 19.5% stake in Lion Rental S.a. for ?7.7 million on April 12, 2023. Lion Rental has reported turnover of ?43.4 million and profit after tax of ?7 million in 2022. The transaction, which is subject to terms and conditions, is expected to be completed in the coming months.

Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme (ATSE:MOTO) completed the acquisition of remaining 19.5% stake in Lion Rental S.a. on May 26, 2023.