Three suitors for Cyta UK

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Three suitors for Cyta UK
 © In-Cyprus 2019
Cyta UK Ltd is the second subsidiary of the semi-governmental organisation which is up for disposal following the sale of loss making Cyta Hellas.

Insiders told Phileleftheros that the selling process is at an advanced point and that three main suitors are negotiating with a team of board members who have exclusively undertaken the task.

No CyTA employee, no matter how high-ranking is participating in the sale process. A PwC report on the UK subsidiary preceded the procedure which is similar to the one followed with Cyta Hellas.

The Auditor General’s report for...


This article was automatically added to our system 16-5-2019

Three suitors for Cyta UK


The contents of this article including any associated images are © In-Cyprus 2019
Views & opinions expressed in this article are those of the author and/or In-Cyprus .

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