AKTOR Group Bids for Motor Oil's Waste Management Arms

AKTOR Eyes Green Empire With Bid for Motor Oil's Waste Management Arms

Construction giant AKTOR Group has submitted a formal bid to acquire a 75% stake in environmental firms Helector and Thalis from Motor Oil, signalling a major push into Greece's circular economy sector. The proposal, filed with the Euronext Athens exchange, has triggered an exclusive negotiation period between the two groups as they work towards a binding Share Purchase Agreement and Shareholders' Agreement. If finalised, the deal would significantly strengthen AKTOR's position in green infra...

By ANTHEE CARASSAVA