Posted in AFP, Mergers, Oil and Gas, Spain

Spanish oil and energy giant Repsol to sell 20% stake in rival Gas Natural

 02/22/2018 11:35am

Spanish oil and energy giant Repsol said Thursday it has agreed to sell its 20-percent stake in rival Gas Natural to a company controlled by investment fund CVC for 3.8 billion euros ($4.7 billion). Repsol said in a statement it had reached agreement with Rioja Bidco Shareholdings, “a company controlled by funds advised by CVC, to…


Share:

Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About HEDGEaccordingly.com
Twitter Facebook