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Launch of the international tender process for the sale of 65% stake in DEPA Commercial S.A. – Option for the acquisition of 100% of DEPA Commercial SA share capital

The Hellenic Republic Asset Development Fund (HRADF), following the decision of its Board of Directors, has launched an international public tender process for the sale of 65% in the share capital of DEPA Commercial S.A.

The Fund and HELPE have entered into a Memorandum of Understanding (MoU) allowing for the preferred investor to have the option to acquire the remaining 35% of shares in DEPA Commercial S.A. owned by HELPE, leading to an acquisition of 100% of its share capital.

For more information refer to the attached document.

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