Reuters logo
Russian, Azeri firms bid for Greek Depa - sources
November 5, 2012 / 8:15 PM / 5 years ago

Russian, Azeri firms bid for Greek Depa - sources

(Reuters) - Russia’s Gazprom (GAZP.MM) and Sintez KSINI.RTS and Azerbaijan’s state-owned SOCAR were the main bidders for Greek gas company Depa on Monday in a deal that could help the near-bankrupt country raise up to 1 billion euros, three people familiar with the situation said.

Monday was the deadline for offers in the sale of all of Depa by the Greek government, which owns a 65 percent stake, and Hellenic Petroleum (HEPr.AT), which holds the remainder.

Greece is hoping to reach a deal in the first quarter of next year, the people said.

Reporting by Sophie Sassard; editing by Michael Winfrey

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below