Greece To Shed NatGas Supplier Stake

Greece is planning to sell as much as 55 percent in state-owned natural-gas supplier Depa.

Greece is planning to sell as much as 55 percent in state-owned natural-gas supplier Depa, Bloomberg reports. The government has expressed a preference for purchase by a group of companies rather than a single investor. Azerbaijan’s state oil company Socar may bid for a stake in the Greek company. The country is seeking to raise €50 billion by the end of 2015 from asset sales.

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