Brief: Motor Oil Submits Conditional Offer For The 94.44% Of HELECTOR For A Total Consideration Of EUR 114.7 Million

Motor Oil (Hellas) Corinth Refineries

22/05/2024 15:30

May 22 (Reuters) - Motor Oil Hellas Corinth Refineries
SA  MORr.AT :
    * MOTOR OIL SAYS IT SUBMITTED A CONDITIONAL OFFER FOR 94.44%
OF
HELECTOR FOR A TOTAL CONSIDERATION OF EUR 114.7 MILLION
    * MOTOR OIL SAYS THE SIGNING OF THE TRANSACTION IS SUBJECT
TO THE
FINALIZATION OF THE SALE–PURCHASE AGREEMENT UNDER MUTUALLY
AGREED TERMS AS WELL AS THE GRANTING OF THE APPROVALS BY THE
CORPORATE BODIES OF THE TWO PARTIES


Further company coverage:  MORr.AT 

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