--Private equity firm KKR has joined the race to buy Repsol's 20% stake in Gas Natural, which is valued at approximately 4 billion euros, reports newspaper Expansion, citing unnamed sources.

--The sources say KKR has been looking at the banking market for options to finance part of the potential purchase, as has CVC Capital Partners, Expansion reports.

--According to Expansion, CVC remains the best-placed contender to win the potential sell-off.

--Repsol has previously confirmed that it received a preliminary expression of interest from CVC regarding the sale.

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

February 13, 2018 05:54 ET (10:54 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
Naturgy Energy (PK) (USOTC:GASNF)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Naturgy Energy (PK) Charts.
Naturgy Energy (PK) (USOTC:GASNF)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Naturgy Energy (PK) Charts.