Spanish energy giant Repsol has agreed to sell its 20 percent stake in compatriot utility Gas Natural Fenosa to CVC Capital Partners investment fund. The deal is worth 3.82 billion euros ($4.69 billion). Repsol will sell the stake to Rioja Bidco Shareholdings, controlled by CVC, for a price equivalent to around 19 euros per share. […]
Source: LNG World News