Edition:
United Kingdom

Allianz To Invest In Czech Gasnet, Sold To Consortium by RWE


Friday, 3 May 2019 

May 3 (Reuters) - Allianz SE ::ALLIANZ TO INVEST IN CZECH GAS DISTRIBUTION NETWORK GASNET.IN A CONSORTIUM LED BY MACQUARIE INFRASTRUCTURE AND REAL ASSETS (MIRA), REACHED AN AGREEMENT TO PURCHASE A STAKE IN GASNET.UPON COMPLETION, CONSORTIUM WILL OWN 100 PER CENT INDIRECTLY IN GASNET.MIRA, WHICH CURRENTLY HOLDS A 49.96 PER CENT STAKE INDIRECTLY IN GASNET, HAS EXERCISED CONTRACTUAL PRE-EMPTION RIGHTS OVER REMAINING 50.04 PER CENT STAKE CURRENTLY OWNED BY RWE.