Marfin, the private equity division of Marfin Popular Bank, will today unveil the price of Europe’s biggest share issue this year, raising €5.19bn (£3.5bn) for buyouts. The Times

With leverage, Marfin’s fund will be worth €15bn, making it one of the largest in Europe alongside buyout firms such as Permira and CVC.

Marfin, listed on the Athens stock exchange, has said that it is to use the proceeds to conduct leveraged buyouts in Greece, Cyprus and the Balkans. It is also planning a €100m Greece-based REIT and is understood to be looking at buying health clinics in southeast Europe.