US EditionSpanish Company Aqualia Acquires 100% Stake in Gwp • Forbes Georgia
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The Spanish company Aqualia has acquired a 100% stake in Georgian Water and Power (GWP). Until now, 20% of GWP remained in the ownership of the investment holding company Georgia Capital, while Aqualia owned 80%. In accordance with the terms of the shareholders’ agreement, Aqualia Georgia will pay $70.4 million in exchange for Georgia Capital’s 20% stake in Georgia Global Utilities. The transaction and settlement are scheduled to be completed by…
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