Electricite

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    Energran to Acquire EDF Assets for as Much as $850 Million

    Energran to Acquire EDF Assets for as Much as $850 Million

    Energean Oil & Gas agreed to purchase the oil and gas enterprise of Electricite de France SA’s Italian unit for $850 million, a deal that will considerably broaden the Greek company’s geographic standing. Energean will offer $750 million in advance for working assets in Egypt, Italy, Algeria, Croatia, and the North Sea, based on a statement on the Tel Aviv…

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