January 14, 2019 / 2:36 PM / 8 months ago

Shell and PGGM aim to bid for Dutch energy company Eneco

AMSTERDAM, Jan 14 (Reuters) - Royal Dutch Shell and Dutch pension fund manager PGGM on Monday said they are investigating a joint offer for Dutch energy company Eneco .

The 53 municipalities that currently own Eneco, estimated by analysts to be worth about 3 billion euros ($3.4 billion), in December said they will sell the company through an auction later this year. ($1 = 0.8725 euros) (Reporting by Bart Meijer, editing by Louise Heavens)

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