November 25, 2019 / 6:24 AM / 12 days ago

BRIEF-Red Electrica Internacional And Grupo Energia Bogota Jointly Buy Argo Energia

Nov 25 (Reuters) - Red Electrica Corporacion SA:

* SAID ON FRIDAY RED ELECTRICA INTERNACIONAL AND GRUPO ENERGIA BOGOTA REACHED DEAL TO JOINTLY AND EQUALLY BUY 100% OF SHARES OF ARGO ENERGIA, CURRENTLY OWNED BY PATRIA INVESTMENTS AND SOMMERVILLE INVESTMENTS, INTEGRAL SUBSIDIARY OF TEMASEK HOLDINGS (PRIVATE) LTD

* SAYS FINAL ACQUISITION PRICE IS 382 MILLION EUROS AT CURRENT EXCHANGE RATE FOR 50% OF SHARES

Source text for Eikon:

Further company coverage: (Gdansk Newsroom)

Nuestros Estándares:Los principios Thomson Reuters
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