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2012-01-11 - 12:15:00 - DJ Greece To Start Sale Of Refiner Stake By End April-Privatizations Head
 

*DJ Greece To Launch Sale of Gas Company Depa Jan-Privatizations Head


(MORE TO FOLLOW) Dow Jones Newswires

January 11, 2012 07:02 ET (12:02 GMT)

*DJ Greece To Start Sale Of Stake In Refiner Elpe By End April-Privatizations Head


(MORE TO FOLLOW) Dow Jones Newswires

January 11, 2012 07:05 ET (12:05 GMT)

DJ Greece To Start Sale Of Refiner Stake By End April-Privatizations Head


ATHENS (Dow Jones)--Greece plans to move ahead with the sale of its stake in refiner Hellenic Petroleum SA (ELPE.AT) by the end of April, the head of the country's privatizations agency said Wednesday.

"By the end of January we plan to start the sale procedures for [natural gas grid operator] Desfa and [gas company] Depa, at the same time," Kostas Mitropoulos, chief executive of the Hellenic Republic Assets Development Fund, said at a conference.

"In two to three months, after this we will start the sale of the 35% stake in Hellenic Petroleum owned by Greece."


-By Stelios Bouras, Dow Jones Newswires; +30-210-3731772; stelios.bouras@dowjones.com


(END) Dow Jones Newswires

January 11, 2012 07:15 ET (12:15 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

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