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GD         Turnover  mln.

Greece sees firm offers for OPAP, Gas Co. next month

The Hellenic Republic Asset Development Fund expects to receive firm offers for the state’s33% stake in betting company OPAP and for gas company DEPA/DEFSA in April, fund CEO Ioannis Emiris said in an interview published in French newspaper Les Echos today.

The fund also expects to sell real estate in Rhodes and some overseas properties that are no longer used, Emiris says, according to Bloomberg.

According to Mr Emiris the fund has started the bidding process for the Hellenic Horserace Betting Co., also known as ODIE and the Thessaloniki water company.

"Those sales will meet the fund’s target of selling EU2.5b of  assets in 2013", he said.

The fund will begin the privatization of Greece’s biggest oil refinery in the second quarter, and this will be followed by the sale of power co. DEI and the Athens water company.
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