Dubal snaps up majority stake in biodiesel manufacturer BiOD
BiOD operates the only biodiesel refinery in the region
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BiOD operates the only biodiesel refinery in the region
The sale is expected to close by the end of the year pending regulatory approvals.
The purchase will support 1 GW development
Eco Fox’s plant has a production capacity of 200k tons per year.
The transaction would see Renault and Geely each retain a 45% stake in the joint venture
The bids are valued at around EUR 1.7 bn
The move will see the PIF’s Tasaru Mobility Investments acquire up to a 38% stake in Holon
The transaction includes a mandatory offer to buy the remaining stakes of the Greek energy firm
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