York Capital Gains In October, Buys Up More Greek Assets

James Dinan's York Capital Management is throwing itself at Greece this time. A week ago the investment firm announced it was buying a 10% stake in the Greek construction company, GEK Terna, Reuters reports. York will invest 100 million euros or $135 million in the company, entitling it to GEK Terna's share capital increase and giving it a 3% stake in GEK Terna's energy arm, Terna Energy.

This is not the first time that York Capital has grabbed Greek assets. The fund was the among the first ones to have an...