The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF), during today’s meeting, qualified the two investors that meet the criteria to participate in the second phase of the tender for the acquisition of the 50.1% stake in the share capital (jointly by HRADF and Paneuropean Oil and Industrial Holdings S.A.) of Hellenic Petroleum S.A. (HELPE).
The investors are (in alphabetical order):
1. Glencore Energy UK LTD
2. Vitol Holding B.V.
For more information refer to the attached document.