Butec’s plan to take over Engie’s assets
The Lebanese group, operating in the Middle East, the Gulf countries and Algeria, has a four-stage plan to take over a number of existing companies in Morocco, Côte d’Ivoire and South Africa.
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▪ Butec’s plan to take over Engie’s assets
▪ The Lebanese group, operating in the Middle East, the Gulf countries and Algeria, has a four-stage plan to take over a number of existing companies in Morocco, Côte d’Ivoire and South Africa.
▪ https://www.africabusinessplus.com/en/811431/energy-butecs-plan-to-take-over-engies-assets/
The Lebanese group told Africa Business+ that the agreement to sell Engie‘s African operations was signed on 16 December 2021, and the deal is expected to close at the end of March. Butec will officially take control of the companies on 2 April.
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