HELLENiQ to acquire the remaining 50% stake in Elpedison from Edison.

Synopsis

HELLENiQ, one of the largest oil companies in Southeast Europe, agreed to acquire the remaining 50% stake in Elpedison, its joint venture with Edison, Europe's oldest energy company. Financial terms were not disclosed.

Principals

target

ELPEDISON

bidder

Helleniq Energy Holdings

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Market Context