John Paulson, one of the few investors who trusted Greece during its deep crisis, appears to be continuing his divestment strategy in the country, moving from a period of crisis to one of growth.

Two large share packages of EYDAP, a Greek water company, were traded on the Athens Stock Exchange, with John Paulson identified as the seller of a 9.7% stake.

Workers decried John Paulson’s plan after billionaire painted himself as advocate for domestic manufacturing John Paulson, a hedge fund billionaire and one of Donald Trump’s earliest Wall Street backers, is planning to offshore an Ohio manufacturing plant to China despite heavy pushback from employees. Workers at the plant call the move “a slap in our face”, after Paulson vocally defended domestic manufacturing, and are fighting to keep the plan open. Continue reading...

John Paulson and his company Paulson & Co. have fully divested their stake in EYDAP, with GEK TERNA acquiring 9.71% of the voting rights.

EYDAP announced a change in its shareholding structure, with American investor John Paulson and his company Paulson & Co. fully divesting, and GEK TERNA acquiring a 9.71% stake.

A Trump donor, John Paulson, who previously criticized offshoring, is closing his Ohio plant and moving operations to China, drawing criticism from workers.