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Alternative Market Briefing

Hedge funds on buying spree for cheap troubled Greek firms, non-performing loans
Wednesday, August 10, 2016

Komfie Manalo, Opalesque Asia:

Global hedge funds are forming a bee line to buy troubled Greek companies and non-performing loans from Greek banks as they look for opportunities in the ailing Athens economy, reported Tornos News.

The report said that tens of hedge funds have been flocking in Athens to take advantage of the estimated $67bn non-performing loans by Greek firms. Some hedge funds are buying out companies that are in the red, while oth......................

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