Greek investment firm Marfin Investment Group (MIG) has reportedly bought a significant stake in the country’s largest food group Vivartia.

Shares in the two companies were suspended on the Athens Stock Exchange today (13 July) ahead of an expected announcement on Monday.

However, according to local reports, MIG and Vivartia have said the investment firm has bought a 30% stake in the company. Vivartia was formed last year with the merger of dairy group Delta Holdings and snacks maker Chipita International.

Officials at MIG and Vivartia could not be reached for comment as just-food went to press.