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GDF May Sell 20% of GRTgaz to CNP, CDC, Dimanche Journal Says

Jan. 23 (Bloomberg) -- GDF Suez SA may sell about 20 percent of its GRTgaz unit to CNP Assurances SA and French state-owned Caisse des Depots et Consignations, Le Journal du Dimanche said, citing unidentified banking officials.

GRTgaz’s assets are worth 6 billion euros ($8.17 billion), and it has 2 billion euros of debt, according to the newspaper.

Editors: Claudia Carpenter, Tony Barrett

To contact the reporter on this story: Francois de Beaupuy in Paris at fdebeaupuy@bloomberg.net.

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net.

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