GDF Suez To Get EUR422 Million Gain From Fluxys Stake Divestment
May 05 2010 - 2:27PM
Dow Jones News
French energy group GDF Suez SA (GSZ.FR) said Wednesday it will
realize a capital gain of EUR422 million from the previously
reported disposal of the 38.5% stake its Belgian subsidiary
Electrabel SA previously held in Fluxys SA (FLUX.BT).
Partially state-owned gas and electricity utility GDF Suez said
it received EUR636 million for the 270,530 shares in Fluxys that it
sold for EUR2,350 each to Belgian holding company Publigaz
SCRL.
-By A.H. Mooradian, Dow Jones Newswires; +33 1 4017 1740;
art.mooradian@dowjones.com
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