GDF International S.A. signed a binding offer to acquire additional 11.99% stake in ENGIE Romania SA from Fondul Proprietatea SA (BVB:FP) for ?87 million on December 11, 2023. Any potential transaction is subject to agreement on the terms of the related share purchase agreement and any conditions precedent, which will include Fondul shareholders? approval. GDF International S.A entered in to an agreement for the sale of the entire shareholding in ENGIE Romania SA from Fondul Proprietatea SA on December 22, 2023. The completion of the sale under the agreement is subject to Fondul shareholders' approval. As of February 14, 2024, The shareholders of Fondul Proprietatea has approved the deal on February 13, 2024. Alexandru Bîrsan and Cristina Filip of Filip & Company acted as legal advisor to Fondul Proprietatea.

GDF International S.A. completed the acquisition of additional 11.99% stake in ENGIE Romania SA from Fondul Proprietatea SA (BVB:FP) on February 20, 2024. Following the Transaction, the Fund no longer holds any shares in Engie Romania S.A.