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The Portuguese Government approved the specifications of the public tender for the reprivatisation of Empresa Geral de Fomento, S.A. (EGF), the waste management unit of the State-owned water and waste group Águas de Portugal.
The tender specifications set out the sale of 95% of the share capital of EGF (the remaining 5% are reserved to EGF's employees) and allow the submission of tenders by national and foreign investors, individually or in consortia, that fulfil certain technical, management, suitability and financial requirements.
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