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Vivo Energy, Engen in share swap deal

HARARE – Malaysia-based firm Engen Holdings (Engen) has agreed to sell shares in one of its subsidiaries to fuel retailer Vivo Energy in exchange for a stake and a “possible” cash element. 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…

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