Spain's Gas Natural In Talks To Buy BG's Gujarat Gas Stake

Spains Gas Natural In Talks To Buy BGs Gujarat Gas Stake
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Δευ, 9 Απριλίου 2012 - 16:10
Spanish utility Gas Natural (GAS.MC) is in talks with BG Group Plc (BG.LN) to buy the U.K. oil and gas company's 65% stake in India's Gujarat Gas Co. Ltd. (523477.BY), Reuters reported Sunday, citing an unnamed source.
Spanish utility Gas Natural (GAS.MC) is in talks with BG Group Plc (BG.LN) to buy the U.K. oil and gas company's 65% stake in India 's Gujarat Gas Co. Ltd. (523477.BY), Reuters reported Sunday, citing an unnamed source.

The deal is estimated at around $900 million, the report on the Reuters website said. Officials from Gas Natural and BG Group weren't immediately available for comment, it added.

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