Companies & Finance

Repsol in talks to sell Gas Natural stake

Spanish oil and gas company Repsol is negotiating the sale of its 20% stake in utility company Gas Natural to investment fund CVC Capital Partners.
By Staff reporter 10 January 2018 0 29031

Spanish oil and gas company Repsol is negotiating the sale of its 20% stake in utility company Gas Natural to investment fund CVC Capital Partners for an estimated €4.1 billion ($4.9 billion), Spanish newspaper Expansión reported on Wednesday.

Repsol already sold a 10% stake in Gas Natural to Global Infrastructure Partners in September 2016.