Deals
GIP Said in Talks to Buy $4.5 Billion Stake in Gas Natural
- Repsol, Criteria Caixa may sell about 20% of Spanish utility
- KKR and another bidder also said to show interest in holding
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Global Infrastructure Partners is in preliminary discussions to acquire a stake in Spain’s Gas Natural SDG SA, according to people familiar with the matter.
Shareholders Repsol SA and Criteria Caixa SA are exploring possibilities for their stakes in Gas Natural with investors, the companies said in regulatory filings Thursday, without identifying bidders. The companies are in talks to sell about 10 percent of Gas Natural’s shares each.