Engie, Caisse de Depot Plan to Bid Up to $9 Billion for Petrobras Gas Pipeline Network -Bloomberg
October 12 2018 - 7:47PM
Dow Jones News
--Engie SA (ENGI.FR) and Caisse de Depot et Placement du Quebec
are teaming up to bid up to $9 billion for a Petroleo Brasileiro SA
(PBR) gas pipeline network, Bloomberg News reported Friday.
--Media reports this year have mentioned several potential
bidders including Abu Dhabi state fund Mubadala Investment Co.
According to the Bloomberg report, Engie's earlier bid of $8
billion including debt was the highest.
https://www.bloomberg.com/news/articles/2018-10-12/engie-caisse-are-said-to-plan-9-billion-petrobras-pipeline-bid
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
October 12, 2018 19:32 ET (23:32 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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