Gas Natural declared further synergies from Fenosa
Spanish utility Gas Natural declared that it expects its acquisition of Union Fenosa to generate an extra 200 $283.2 millionof capital expenditure savings. For full story, click here
Spanish utility Gas Natural declared that it expects its acquisition of Union Fenosa to generate an extra 200 $283.2 millionof capital expenditure savings. For full story, click here
Approval for Gas Natural’s Union Fenosa purchase is a done deal at Friday’s AGM but shareholders may still seek reassurance on the group’s finances after a surprise cash call by rival Iberdrola. For full story, click here
Spanish utility Gas Natural announced that it will save over $521 million in its acquisition of Union Fenosa by paying for the 5 percent it does not already own with shares rather than in cash. For full story, click here
Gas Natural reported holders of 69.5 percent of Union Fenosa shares subject to its 18.05 euros per share bid for the power company have accepted its offer. For full story, click here
Gas Natural reported on Thursday that holders of 69.5 percent of Union Fenosa shares subject to its 18.05 euros per share bid for the power company have accepted its offer. For full story, click here
Gas Natural reported that a capital hike of 447.77 million shares to part finance its $22.25 billion purchase of utility Union Fenosa had been 99.9 percent subscribed. For full story, click here
Shares in Gas Natural & Union Fenosa outperform after the gas group secures a further 3 % of bid target Fenosa through an equity swap deal with ING. For full story, click here For Gas Natural’s website, click here
By Duncan Sutherland – Exclusive to Gas Investing News Post-Ike news In the wake of Hurricane Ike, a steady flow of updates on production, refining and transportation infrastructure has been forthcoming. Overall, it seems the storm was relatively gentle to energy companies, reserving its wrath for the population centres of the Texas Gulf Coast. Natural [...]
Spanish utility Gas Natural hopes to complete takeover of Union Fenosa within eight months and turn a profit from the deal after a year. For full news, click here
Spain’s Gas Natural could launch an 18 euros per share bid for ACS’s stake in Spanish utility Union Fenosa, as per a report by newspaper Expansion. For full news, click here
Get our independent commentary on gas trends and companies delivered to your inbox.