Spain's supervisor CNMV suspends trade in energy company Naturgy [Reuters]
NATURGY ENERGY GRP U/ADR (GASNY)
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Source: Reuters
, opens new tab awaiting the disclosure of relevant information. Spanish holding vehicle Criteria said on Tuesday it is in discussions with an investor group that has been talking to some of Naturgy's core shareholders over a possible partnership agreement. Newspaper Cinco Dias on Tuesday cited unidentified market sources as saying that Abu Dhabi's TAQA was in discussion with Naturgy's three largest shareholders, including Criteria, over a possible takeover. Before the suspension, Naturgy shares were up 1.3% at 21.8 euros ($23.16). Naturgy declined to comment. ($1 = 0.9412 euros) The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. Reporting by Emma Pinedo and Pietro Lombardi; editing by Jesús Aguado Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab
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News
- Spanish government signals openness to TAQA's bid for Naturgy [Reuters]Reuters
- Spain energy minister: early to say if state will take stake in Naturgy [Reuters]Reuters
- Naturgy surges as Abu Dhabi's TAQA confirms talks eyeing full takeover [Seeking Alpha]Seeking Alpha
- Abu Dhabi's Taqa Holds Talks With Naturgy Holders About Deal [Yahoo! Finance]Yahoo! Finance
- Abu Dhabi's Taqa Holds Talks With Naturgy Holders About Deal [Financial Post (Toronto, Ontario, Canada)]Financial Post