George Economou may be on the verge of scooping up pools power Heidmar at a reduced price as other plans to sell the company struggle.

Economou, who currently owns 49% of Heidmar, has launched a bid to buy out the remainder, which is held 49% by financial giant Morgan Stanley and 2% by employees, sources tell TradeWinds this week.

The move comes after efforts to sell to an outside financial player, US-based FDX Capital, have reportedly faltered in recent weeks.

Heidmar