Deals
Snam Receives Approaches for Gas Storage Business
- Macquarie infrastructure arm among interested parties
- Unit has a regulatory asset base of about 4 billion euros
Photographer: Jason Alden/Bloomberg
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Snam SpA’s natural-gas storage business is attracting interest from infrastructure investors, according to people familiar with the matter.
The Italian company is considering its options after receiving approaches from potential buyers of a minority stake in the unit including Macquarie Group Ltd.’s infrastructure arm, the people said, asking not to be identified because the information is private.