08.10.2013 - Singapore, China ‘mull Spain gas investment’: report
Singapore state investment giant Temasek Holdings Pte and Chinese oil group Sinopec Corp aim to snap up a multibillion-euro stake in Spain’s Gas Natural SDG SA, the Financial Times said. The two groups had contacted Spanish oil firm Repsol YPF SA separately to say they were interested in buying its 4.7 billion euro (US$6.4 billion) stake in Gas Natural, the paper said, citing people close to the process. Spanish company Repsol has a 30 percent stake in Gas Natural and wants to sell most of the investment so as to leave itself with a 5 percent share in the gas firm...............................................Full Article: Source
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