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HRADF declares ITALGAS SpA as the Preferred Bidder for the sale of DEPA Infrastructure

The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF), a member of the HCAP Group, convened today and proceeded to the unsealing of the improved financial offer submitted by ITALGAS SpA, for the acquisition of 100% of the share capital of DEPA Infrastructure S.A., a joint sale with Hellenic Petroleum S.A. (HELPE). 

The improved financial offer envisages an upfront payment of €733 million. HRADF’s Board of Directors accepted the offer and declared ITALGAS SpA as the Preferred Bidder. The Board of Directors of HELPE has also accepted the above offer. 

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