---
title: "BGEO announces the completion of its recently announced acquisition of the remaining 75% stake in its utilities business"
description: "BGEO Group PLC (BGEO) announces that JSC BGEO Investments, a wholly owned subsidiary of BGEO, has completed the recently announced acquisition of "
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21 Jul 2016

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BGEO Group PLC (“**BGEO**”) announces that JSC BGEO Investments, a wholly owned subsidiary of BGEO, has completed the recently announced acquisition of the remaining 75% equity stake in Georgian Global Utilities Limited (“GGU”). As a result of this buy-out, BGEO owns 100% of **GGU**.  
  
The BGEO announcement about the purchase of the remaining 75% stake in GGU from 23 June 2016 is available at the following link:  
[http://bgeo.com/uploads/news/bgeo-announces-the-buyout-of-the-remaining-75-stake-at-its-utilities-business-ggu-58.pdf](http://bgeo.com/uploads/news/bgeo-announces-the-buyout-of-the-remaining-75-stake-at-its-utilities-business-ggu-58.pdf%20)

[BGEO announces the completion of its recently announced acquisition of the remaining 75% stake in its utilities business](https://georgiacapital.ge/uploads/pages/bgeoannouncesthecompletionofitsrecentlyannouncedacquisitionoftheremaining75stakeinitsutilitiesbusiness85-39.pdf)

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