ADNOC Distribution acquires 50% of the capital of TotalEnergies Marketing Egypt
ADNOC Distribution has reached an agreement with TotalEnergies Marketing Africa to acquire a 50% stake in TotalEnergies Marketing Egypt for approximately $186 million, with an earn-out of up to $17.3 million (if certain conditions are met). TotalEnergies Egypt is one of the four main fuel distribution operators in Egypt. TheRead More →