Seeking Alpha

German utility E.ON (EONGY.PK) reportedly is close to selling its Open Grid Europe gas...

German utility E.ON (EONGY.PK) reportedly is close to selling its Open Grid Europe gas transmission network for ~€3.2B ($4.14B) to a consortium led by Macquarie's (MQBKY.PK) infrastructure funds. The acquisition of the grid that's key to shipping large volumes of gas from Europe's east to west would be the second gas network purchase by the Australian bank in just over a year.
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