Abu Dhabi-based TAQA has now confirmed it is in discussions with the largest shareholders in Naturgy Energy Group about purchasing their shareholdings in the Spanish gas and electricity group.
Below is a link to the Reuters story with the confirmation from TAQA:..
And now for the formal confirmation to little old Betaville's UNCOOKED Alerts about the potential Naturgy Energy Group deal.
Criteria, Naturgy Energy Group's largest shareholder, has said on the record it is in discussions with an investor group that has been talking to some of Spanish energy provider's core shareholders over a "possible partnership agreement"...
It would appear Spanish newspaper La Vanguardia has decided to follow up little old Betaville's UNCOOKED alert from last week about the takeover and stakebuilding talk surrounding Spanish gas firm Naturgy.
According to La Vanguardia, a firm from the United Arab Emirates is in talks with Criteria Caixa - Naturgy's largest shareholder - about purchasing shareholdings from private equity firm CVC Capital and GIP...