We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Spain OKs Changes To Speed Gas Natural Divestments

Law360 (February 4, 2011, 6:51 PM EST) -- Spain's competition watchdog has agreed to let Gas Natural SDG SA change the assets it will divest to win approval of its €16.8 billion ($21 billion) acquisition of Union Fenosa, in order to speed up the sale process.

The Spanish National Competition Commission said Thursday that it would allow Gas Natural, which is now known as Gas Natural Fenosa, to swap out some of the combined-cycle gas turbine power plants and about half of the portfolio of 600,000 small gas customers it promised to divest....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.