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Article: LG&E Energy Corp. Completes Acquisition Of Interests In Argentine Natural Gas Distribution Companies

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PR Newswire
Article date:
February 13, 1997
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LOUISVILLE, Ky., Feb. 13 /PRNewswire/ -- LG&E Energy Corp. (NYSE: LGE) today announced it has completed its previously announced $140-million acquisition of interests in two Argentine natural gas distribution companies. The acquisition marks LG&E Energy's second major investment in South America and supports the company's strategic international development efforts.

The closing of this transaction gives LG&E Energy a controlling interest in, and management of, Distribuidora de Gas del Centro (Centro), and a minority interest in Distribuidora de Gas Cuyana (Cuyana). LG&E Energy's global venture unit, LG&E International, purchased the interests from Sideco ... 







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