News announcements
BGEO announces the completion of its recently announced acquisition of the remaining 75% stake in its utilities business
Published on 21 Jul 2016
BGEO Group PLC (“BGEO”) announces that JSC BGEO Investments, a wholly owned subsidiary of BGEO, has completed the recently announced acquisition of the remaining 75% equity stake in Georgian Global Utilities Limited (“GGU”). As a result of this buy-out, BGEO owns 100% of GGU.
The BGEO announcement about the purchase of the remaining 75% stake in GGU from 23 June 2016 is available at the following link:
http://bgeo.com/uploads/news/bgeo-announces-the-buyout-of-the-remaining-75-stake-at-its-utilities-business-ggu-58.pdf