The sale of Energean's asset portfolio in Egypt, Italy, and Croatia is at risk due to regulatory problems with the buyer. The deal, valued at $820-940 million, may be cancelled if the necessary approvals are not obtained. Energean's share price has dropped 7% in response to the announcement.
image sourced from original article at https://en.globes.co.il/en/article-energeans-1b-asset-sale-at-risk-1001505020Original article source: https://en.globes.co.il/en/article-energeans-1b-asset-sale-at-risk-1001505020
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