Greece’s Attica and ANEK said to be in advanced merger talks

Attica Group and ANEK Lines — two of Greece’s best-known ferry companies — are exploring a merger to overcome financial problems and defend their market position, a newspaper has reported.

The companies are in "advanced talks" about Attica absorbing ANEK, Greek Sunday paper Kathimerini said.

Managers at ANEK did not respond to TradeWinds' request for comment. Attica pointed to a statement it filed on the Athens Stock Exchange on 12 October, in which it declined to comment and said it was "constantly examining" options to develop in Greece and abroad.