Helios portfolio company Vivo Energy has agreed to enter into a share transaction with Engen Holdings in relation to the purchase of shares in Engen International Holdings for the exchange of a shareholding in Vivo Energy, with a possible cash element. This transaction is subject to regulatory approval. Upon completion of this transaction, nine new countries and over 300 Engen-branded service stations will be added to Vivo Energy’s network, taking Vivo Energy’s total presence to over 2,100 service stations, across 24 African markets.

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