Brief: Helleniq Energy To Acquire The Remaining 50% Of Elpedison For Around EUR 195 Million

HELLENiQ ENERGY Holdings

09/12/2024 08:27

Dec 9 (Reuters) - HELLENiQ ENERGY Holdings SA  HEPr.AT :
    * ANNOUNCES THAT IT HAS AGREED WITH EDISON THE ACQUISITION
OF 50%
OF THE SHARE CAPITAL OF ELPEDISON
    * CONSIDERATION FOR ACQUIRING 50% OF ELPEDISON AMOUNTS TO
AROUND
EUR 164 MILLION PLUS AN AMOUNT OF UP TO EUR 31 MILLION DUE TO
CHANGES IN CERTAIN BALANCE SHEET ITEMS AND CASH RESERVES
    * COMPLETION OF THE TRANSACTION IS EXPECTED IN H1 2025


Further company coverage:  HEPr.AT 

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