The GIP BlackRock fund closes the sale of 11.4% of Naturgy for 2.791 billion and a 5.6% discount
The GIP fund owned by BlackRock has finalized the sale of an 11.4% stake in Naturgy for €2.791 billion, with a 5.6% discount over the stock's closing price.
GIP-BlackRock sells its stake in Naturgy by rapidly placing 11.4%
GIP-BlackRock is divesting its 11.4% stake in Naturgy by initiating a rapid sale with the help of J.P. Morgan and Goldman Sachs.