Rubis: reaches agreement with I Squared Capital
(CercleFinance.com) - Rubis announces that it has finalizsed the sale of its 55% stake in the Rubis Terminal JV to I Squared Capital.
This agreement follows consultation with employee representative bodies and a favorable opinion from Rubis Terminal's social and economic committee.
The transaction remains subject to the usual regulatory approvals, including those of competition authorities and foreign investment committees.
The transaction is set to be closed in mid-2024.
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