EFG Hermes to pay $208 mln for 49 pct stake in wind power firm EDPR France

Egypt's EFG Hermes Holdings said its private equity arm bought a 49 percent stake in wind power firm EDPR France for $208 million, according to a statement on Wednesday, its first investment outside the Middle East and Africa. The buyout consists of the equity in the firm as well as paying back loans made by previous shareholders.

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