Τwo binding offers for the DEPA Infrastructure
Τwo binding offers for the DEPA Infrastructure
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Τwo binding offers for the DEPA Infrastructure

RE+D magazine
16.07.2021
The Hellenic Republic Asset Development Fund S.A. received, two binding offers for the acquisition of 100% of the share capital of DEPA Infrastructure S.A., a joint sale with Hellenic Petroleum S.A. (HELPE).

Binding offers were submitted by:

1. EP INVESTMENT ADVISORS

2. ITALGAS SpA

Currently, HRADF holds 65% stake of DEPA Infrustrucre’s share capital and HELPE the remaining 35%, and they act as joint sellers.

The review of the binding offers in order to verify that they are in line with the terms specified in the Request for Binding Offers, will begin immediately. Shortly after, the Fund's Board of Directors will unseal the financial offers.