KKR Joins Race for Repsol's 20% Gas Natural Stake -Expansion
February 13 2018 - 6:09AM
Dow Jones News
--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.
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(END) Dow Jones Newswires
February 13, 2018 05:54 ET (10:54 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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