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GASNF Naturgy Energy Group SA (PK)

25.19
0.00 (0.00%)
18 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Naturgy Energy Group SA (PK) USOTC:GASNF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.19 22.93 25.30 0.00 21:03:11

Gas Natural Offers Chairmanship to EDP in Push for Merger -El Confidencial

25/01/2018 9:22am

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--Gas Natural Chairman Isidre Faine has tried to convince Portuguese Prime Minister Antonio Costa about the benefits of a merger between Gas Natural and EDP, reports El Confidencial, citing people familiar with the matter.

--Mr. Faine has reportedly offered the chairmanship of the new combined group to a candidate from EDP in an effort to gain the support of the Portuguese government, which is wary of losing one of the country's few remaining large companies, says the newspaper.

--Gas Natural's interest in the Portuguese energy company was first reported in the summer of 2017. EDP was privatized as part of an EU bailout but kept the same chief executive, a former minister of public works

 

Full story in Spanish: http://bit.ly/2n8NkJC

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

January 25, 2018 04:07 ET (09:07 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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