Government closes purchase of 5.32% of REN's capital from Fidelidade
Fidelidade has sold 5.32% of REN's capital, amounting to 35.5 million shares, thus losing its qualified stake in the company. The transaction occurred on November 9, as confirmed by REN to the CMVM, and involved shares from various subsidiaries of Fidelidade. Following this sale, Fosun International Limited, which owns nearly 85% of Fidelidade, also lost voting rights in REN. The Portuguese state had previously acquired a 5.3% stake in REN from Fidelidade for €138.791 million, increasing its total stake to 19%. This acquisition was finalized after receiving approval from the Court of Auditors.
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