TotalEnergies Marketing Afrique SAS agreed to acquire 6.38% stake in TotalEnergies Marketing Egypt LLC from B Investments Holding S.A.E. (CASE:BINV) for $27.6 million on December 22, 2022. B Investments is eligible for an additional amount equal to $2.2 million subject to certain milestones concerning TEMAÃs transaction with Abu Dhabi National Oil Company for Distribution. This transaction is subject to customary regulatory approvals and is expected to close during the first quarter of 2023.
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- TotalEnergies Marketing Afrique SAS agreed to acquire 6.38% stake in TotalEnergies Marketing Egypt LLC from B Investments Holding S.A.E. for $27.6 million.