BG Group agrees to sell its 60% stake in Brazil's Comgas for 3.4B reals ($1.7B), as the U.K....

|About: BG Group Plc ADR (BRGYY)|By:, SA News Editor

BG Group agrees to sell its 60% stake in Brazil's Comgas for 3.4B reals ($1.7B), as the U.K. natural gas giant accelerates asset divestments to fund aggressive spending plans. The company says the transaction, subject to regulatory approval and due for completion by year's end, will cut BG's debt by ~$1.1B.