ADNOC Distribution to acquire 50% stake in TotalEnergies ...Egypt

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ADNOC Distribution to acquire 50% stake in TotalEnergies
ADNOC Distribution, the UAE's largest fuel and retail distributor, has announced it has entered into an agreement with TotalEnergies Marketing Afrique to acquire a 50% stake in TotalEnergies for approximately $186m, with an additional earn-out of up to $17.3m. The acquisition will also see the (...)

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