M&AInfrastructureSIGNED
Portugal Government Buys 13.7% Stake in REN from Amancio Ortega's Firm for €389.8 Million
Value
€389.8M
Acquirer
Government of Portugal
Target
Redes Energéticas Nacionais (REN)
The Portuguese government has confirmed its initiative to acquire a 13.7% stake in Redes Energéticas Nacionais (REN) from Pontegadea, Amancio Ortega's investment company. The transaction is valued at €389.8 million.
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