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| 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 | 21.94 | 24.00 | 0.00 | 21:05:21 |
From Jul 2019 to Jul 2024
By Alberto Delclaux
Rioja Bidco Shareholdings, which in February agreed to buy Repsol SA's (REP.MC) 20% stake in Gas Natural SDG SA (GAS.MC), is dropping one of the conditions it had set as part of the deal, Repsol said Friday.
In a regulatory filing, Repsol said Rioja Bidco dropped the condition of reaching a shareholders' agreement with Gas Natural's two other big investors prior to completing the transaction. The deal had been conditional on Rioja Bidco--which is controlled by CVC Capital Partners Ltd. and Corporacion Financiera Alba--reaching the agreement by March 22, a deadline which has now passed.
Gas Natural's two other major shareholders are Criteria Caixa, which owns 24% of the utility, and Global Infrastructure Partners LLC, which holds a 20% stake.
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
March 23, 2018 07:15 ET (11:15 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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