French oil group Total sells Geosel majority stake

September 10, 2015 7:15 AM

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PARIS, Sept 10 French oil major Total said it agreed to sell a majority stake of 50 percent plus one share in Geosel Manosque to a 50-50 consortium of EDF Invest and Ardian as part of its $10 billon disposal plan.

The transaction values Total's interest at 265 million euros ($297 million), excluding inventory, the company said in a statement on Thursday.

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