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Motor Oil and Reggeborgh agree on divestment of Ellaktor s RES to Motor Oil

Motor Oil (Hellas) Corinth Refineries SA on Friday announced that it has acquired 104,000,000 shares of Ellaktor S.A. from Kiloman Holdings Ltd and Greenhill Investments Ltd, which represent 29.87% of the outstanding shares of Ellaktor, at a price of 1.75 euros per share and a total consideration of 182,000,000 euros.

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