Union Electrica Fenosa SA has retained Goldman Sachs to locate a buyer for the less than 50 percent of its gas business Union Fenosa Gas. Union Fenosa hopes to keep majority control over the unit, which commercialises natural gas and operates distribution infrastructure, given the “strategic” nature of the business, a spokesperson told AFX News.
Although a definite timetable has yet to be decided on for the planned sale, recent press reports suggest this could be as soon as before the end of th...

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