The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF), during today’s meeting decided, that seven interested parties meet the criteria to participate in Phase B (Binding Offers Phase) of the tender process for the acquisition of 65% of the share capital of DEPA Commercial (Trade) S.A., with an option of acquiring the total of its issued share capital by virtue of a Memorandum of Understanding (MoU) between DEPA S.A. shareholders, HRADF and Hellenic Petroleum S.A. (HELPE), the development fund has announced in a statement.
The prequalified interested parties to participate in Phase B of the tender are (in alphabetical order):
- C. G. GAS LIMITED
- Consortium HELLENIC PETROLEUM SA & EDISON INTERNATIONAL HOLDING N.V
- Consortium MOTOR OIL HELLAS CORINTH REFINERIES SA & PPC SA
- GEK TERNA SA
- MET HOLDING AG
- MYTILINEOS SA
- SHELL GAS BV
Following the signing of the relevant Confidentiality Agreement, the prequalified interested parties will receive the documents of Phase B (Binding Offers Phase) and will grant access to the virtual data room (VDR), where data and information related to DEPA Commercial S.A. are uploaded, the statement added.