News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Greece to privatise further 35% of gas company

The Greek government will put a stake in Depa, its national gas company, out to tender this week in a move that could raise as much as $400m (€444m), according to analysts.

The holding in Depa that will be up for grabs represents 35% of the company. Market analysts had expected some of the shares to go to Hellenic Petroleum, the national oil company, but Nicos Christodoulakis, the country's minister of economy and finance, said: &quotThat is not going to take place.&quot

WSJ Logo