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Feature June 2012 Vol. 239 No. 6

Gazprom Bidding For Greek Company

Fourteen companies, including Gazprom and three other Russian firms, are bidding to acquire DEPA and its fully owned subsidiary DESFA, the Greek state-controlled gas transportation systems. Additionally, Gazprom is targeting Greece’s dominant oil company, Hellenic Petroleum, part-owner of DEPA, for possible acquisition.

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