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First phase of process to find strategic investor for ADMIE completed
The Public Power Corporation (PPC) announced on Tuesday evening the completion of the first phase for the sale of a 24-percent stake in the Independent Power Transmission Operator (ADMIE).
The PPC Ordinary General Meeting of July 11 approved the unbundling of ADMIE, which is a wholly owned subsidiary of PPC, and the launch of an international tender offer for the sale of a 24-percent stake to a strategic investor.
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