LONDON, June 20 (Reuters) - Mediterranean-focused oil and gas producer Energean said on Thursday that it has agreed to sell its assets in Egypt, Italy and Croatia to private equity fund Carlyle for up to $945 million.
The deal will include a cash payment of $504 million.
The board expects to redefine its dividend policy following the completion of the deal, which is expected by year-end. (Reporting by Ron Bousso; Editing by Jamie Freed)