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Article: Spain : Gas Natural assets attract up to 6 bidders -paper.
- Article from:
- TendersInfo
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: manish03
Spain's Gas Natural (GAS.MC) has between four to six bidders for assets worth about 1.5 billion euros ($2.22 billion) and hopes to close their sale by the end of the year, La Vanguardia reported on Tuesday, citing sources close to the process.
Citigroup and JP Morgan are advising on the sale, which includes a gas distribution network in Madrid and 2,000 MW of combined cycle plants. ...