Total said to explore sale of TotalGaz unit for ~$1B

Total (TOT) reportedly is exploring a sale of its TotalGaz liquefied petroleum gas marketing unit, and has engaged a pair of banks to look for buyers.

TOT has set its sights on bringing in €700M ($1.04B) from the sale, with the sales process set to kick off next month, according to French newspaper Les Echos citing unidentified sources.

TOT +0.6% premarket.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs