Gupta Family Group Alliance

Glencore, Vitol Holding continue in second phase of HELPE sale

Greece's privatization agency (TAIPED) disqualified on Tuesday three out of the five investment groups which had expressed interest in acquiring a majority stake in Greek refiner Hellenic Petroleum (HELPE), leaving Glencore Energy UK and Vitol Holding B.V. in the second round of the tender.

Greece gets five expressions of interest in Hellenic Petroleum sale

Greece received five expressions of interest for a majority stake in its biggest oil refiner Hellenic Petroleum, the country's privatizations agency said on Wednesday.

Initial interest was submitted by: Alrai Group Holdings Limited, a consortium comprising Carbon Asset Management DWC-LLC and Alshaheen Group, Gupta Family Group Alliance, Glencore Energy UK and Vitol Holding B.V.