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EBRD to take over minority stakes in Romanian branches of German E.ON

The European Bank for Reconstruction and Development (EBRD) is to take over the minority share packages in the Romanian branches of the German E.ON gas corporation.The project's goal is to back up and enable technical and operational investment meant to develop the best international practices, including the take-over by E.O.N of the minority stakes and the required restructuring and business improvement measures, EBRD sources say. The EBRD leading board approved a draft for taking over the ...

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Energy & Environment

Thursday, April 19, 2007