Linklaters Aids Investor Group In $4B E.ON Gas Network Buy

Law360, New York (May 16, 2012, 4:57 PM EDT) -- Utility giant E.ON AG has sold Germany's largest transregional natural gas distribution system for €3.2 billion ($4 billion) to a consortium of infrastructure investors led by Australian bank Macquarie Group Ltd., the companies announced Wednesday.

The deal gives control of the Open Grid Europe GmbH gas network to Macquarie European Infrastructure Fund 4 and British Columbia Investment Management Corp., according to parallel statements issued by E.ON and Macquarie.

Other consortium members include Abu Dhabi Investment Authority subsidiary Infinity Investments SA and MEAG, the asset management arm...
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