Previous Close | 22.74 |
Open | 24.50 |
Bid | 22.68 x 120800 |
Ask | 22.98 x 120000 |
Day's Range | 23.00 - 24.50 |
52 Week Range | 19.42 - 28.64 |
Volume | |
Avg. Volume | 147 |
Market Cap | 22.394B |
Beta (5Y Monthly) | 0.72 |
PE Ratio (TTM) | 11.11 |
EPS (TTM) | 2.07 |
Earnings Date | N/A |
Forward Dividend & Yield | 1.40 (6.16%) |
Ex-Dividend Date | Apr 05, 2024 |
1y Target Est | N/A |
Spain's Energy Minister Teresa Ribera said on Thursday that it was still to early for the government to evaluate a potential stake in Spanish energy firm Naturgy in view of a possible takeover bid by Abu Dhabi's TAQA. TAQA confirmed on Wednesday it is in discussions with the three largest shareholders of Naturgy which could lead to a possible full takeover bid for the largest natural gas firm in Spain. Naturgy and has key contracts with Algeria and also a long-term contract to import some 3 billion cubic metres (bcm) of Russian liquefied natural gas every year.
(Bloomberg) -- Abu Dhabi National Energy Co. has approached two shareholders of Naturgy Energy Group SA about the possible acquisition of their stakes in the Spanish gas and power firm.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainChina Tells Iran Cooperation Will Last After Attack on IsraelWhat If Fed Rate Hikes Are Actually Sparking US Economic Boom?Red Lobster Considers Bankruptcy to Deal With Le
MADRID (Reuters) -Abu Dhabi's TAQA is in talks with the three largest shareholders of Spanish energy firm Naturgy with a view to a possible takeover bid, it said on Wednesday. With a market value of $22 billion on Tuesday, a takeover of Naturgy would be the largest by a sovereign wealth fund, Diego Lopez of fund tracker Global SWF said. TAQA, a power and water utility founded in 2005, would acquire Spain's largest gas firm, together with contracts with Algeria and also a long-term contract to import some 3 billion cubic metres (bcm) of Russian liquefied natural gas (LNG) every year.