Repsol Hires JPMorgan to Spin off Renewables Unit -El Confidencial
February 03 2021 - 10:26AM
Dow Jones News
--Repsol has hired investment bank JPMorgan Chase & Co. to
spin off its renewables unit, El Confidencial reports.
--The Spanish energy company is considering selling or listing
the division on the stock market as soon as June, and the unit
could be valued at up to 4 billion euros ($4.82 billion), according
to the newspaper.
--Repsol declined to comment when contacted by Dow Jones.
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(END) Dow Jones Newswires
February 03, 2021 10:11 ET (15:11 GMT)
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