Portugal Buys Stake in Grid Operator REN From Billionaire Ortega
11 Articles
11 Articles
Parpública has signed a contract to acquire 13.7% of REN from Amancio Ortega's Pontegadea Investments in a business that returns the State to the capital of the company responsible for the national electricity and gas networks
The Pontegadea Investments has concluded a contract with Parpública for the sale of 91,723,676 shares of the REN, representative of 13.7% of the company's capital, was communicated today to the market. ☆[...] The REN has announced to the market that it received a communication from the Pontegadea Investments, informing that this company has concluded a contract with Parpública on this date, with the aim of transmitting 91,723,676 shares of which…
State holding has signed contract with the company of the owner of Zara to acquire the participation. Transaction depends on the visa of the Court of Auditors.
Portugal Buys Stake in Grid Operator REN from Billionaire Ortega
The Portuguese State will return to the capital of the Portuguese National Energy Networks (REN) after having agreed to purchase about 13.7% of the shareholding from Pontegadea Inversiones S.L., the investment vehicle of the Spanish entrepreneur Amancio Ortega. Read
Prime Minister did not address the policies that marked the Executive in the last few months, involving ministers Lu s Neves and Fernando Alexandre.
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