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0.0437636761487965 0.0437636761487965 0.0437636761487965 0.0437636761487965 0.0437636761487965 0.0481400437636761 0.0503282275711159 0.0459518599562363
Stock impact report

Abu Dhabi's Taqa Holds Talks With Naturgy Holders About Deal [Yahoo! Finance]

NATURGY ENERGY GRP U/ADR (GASNY) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Dubai Grinds to Standstill as Cloud Seeding Worsens Flooding China Tells Iran Cooperation Will Last After Attack on Israel What If Fed Rate Hikes Are Actually Sparking US Economic Boom? Powell Signals Rate-Cut Delay After Run of Inflation Surprises Red Lobster Considers Bankruptcy to Deal With Leases and Labor Costs Taqa, as the Abu Dhabi-based investor is known, said it's holding talks with buyout firms Global Infrastructure Partners and CVC Capital Partners to acquire their shares in Naturgy, according to a regulatory filing released on Wednesday. Naturgy shares jumped 5% in Madrid as they resumed trading after being suspended earlier. The stock has dropped 16% so far this year. The investor is also holding talks with Naturgy's main shareholder, Spanish industrial holding company Criteria Caixa SA, regarding a possible “cooperation pact.” If Taqa acquires the stakes held by CVC and GIP, it would need to make a full takeover bid for Naturgy, it Show less Read more
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