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TEP not considering increasing Opus Energy stake

18 August 2016 07:18

Telecom Plus is not currently considering increasing its 20% equity stake in Opus, it said when commenting on media chatter about the possible sale of Opus Energy Group Ltd.

"The company understands that the board of Opus is currently assessing strategic options for the future of the business, which could include a sale," it said in a statement.

"At this stage it is too soon to confirm whether any such transaction will be concluded, but in the event that it is, a further announcement will be made."

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