
Ermes Department Stores Plc on Thursday announced the appointment of Grant Thornton Cyprus to prepare an independent opinion on a public takeover offer submitted by Cyprus Trading Corporation Plc (CTC), following regulatory approval of the bid document and the launch of the acquisition process.
The decision was officially taken on May 19 by the board of directors of Ermes Department Stores Plc, which confirmed it had selected Grant Thornton (Cyprus)






