YALCO - Socrates D. Constantinou & Son S.A. (ATSE:YALCO) signed a preliminary agreement to sell Yalco Romania SRL for €1.9 million on October 12, 2016. As per the terms of the deal, YALCO Constantinou will receive €0.3 million in cash and the buyer will assume the obligation to pay off €1.6 million debt of Yalco Romania SRL. The completion of the transaction is expected in fourth quarter of the year 2016. YALCO - Socrates D. Constantinou & Son S.A. (ATSE:YALCO) cancelled the acquisition of Yalco Romania SRL on October 12, 2017.