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|15 February, 2019

EU okays Abu Dhabi's Mubadala aquaculture deal in Greece

EU antitrust regulators approved the joint acquisition by Mubadala and Amerra funds of three Greek fish farming firms

Image used for illustrative purpose. Market makers work on the trading floor at IG Index in London, Britain January 14, 2016.

Image used for illustrative purpose. Market makers work on the trading floor at IG Index in London, Britain January 14, 2016.

REUTERS/Stefan Wermuth

BRUSSELS - EU antitrust regulators approved on Friday the joint acquisition by Mubadala and Amerra funds of three Greek fish farming firms, including Selonda and Nireus.

The acquisition is subject to the sale of fish farms that produce 10,000 tonnes of Mediterranean fish and the sale of hatcheries that produce 50 million pieces of fry, the European Commission said.

Amerra Capital is an independent asset management firm based in the United States. Mubadala is an investment fund based in the United Arab Emirates.

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(Reporting by Francesco Guarascio; editing by Foo Yun chee) ((Francesco.Guarascio@thomsonreuters.com; @fraguarascio; +32 2 287 68 17;))

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