(CercleFinance.com) – Rubis announces the finalization of the sale of its 55% stake in the Rubis Terminal JV to I Squared Capital.
This agreement follows consultation with staff representative bodies and the delivery of a favorable opinion by the Rubis Terminal social and economic committee.
The transaction remains subject to customary regulatory approvals, including those from competition authorities and foreign investment committees.
The transaction is scheduled to close in mid-2024.
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