Greece approves two consortia for Hellenic Petroleum bids
Greece approved two consortia to submit final bids for a 50.1 percent stake in its biggest oil refiner Hellenic Petroleum, its privatisations agency said.
The consortia are: Glencore Energy with a unit of U.S.-based Carlyle Group; and Vitol Holding with Algeria-based Sonatrach.
Glencore and Vitol had already been shortlisted last summer.
Source: Reuters (Reporting by Angeliki Koutantou Editing by Karolina Tagaris)