Fluxys wins endorsement to buy total stake in Gasbol

The Belgian natural gas infrastructure group Fluxys has won approval from the Administrative Council for Economic Defense (Cade) to buy a stake in the French oil company Total from TBG, the company responsible for the operation of the Bolivia-Brazil gas pipeline, also known as Gasbol.

Cade's decision was published in the Official Gazette, last Monday edition (17). According to the Board, Fluxys must acquire all total shares in the business. The transaction amount was not disclosed.

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