Marguerite fund to buy E.ON's stake in Latvian gas firm-minister

Latvijas Gaze AS

22/12/2015 10:38

RIGA, Dec 22 (Reuters) - European investment fund Marguerite 
is close to buying a 47.2 percent stake in utility Latvijas Gaze 
 GZE1R.RI  from Germany's E.ON  EONGn.DE , Latvia's economy 
minister said on Tuesday. 
    The latest deal, if confirmed, will conclude E.ON's exit 
from the Baltic and Finnish gas utilities as a part of its 
divestment program in Europe. Germany's biggest utility has 
already sold its assets in Lithuania, Estonia and Finland. 
    Dana Reizniece-Ozola told Reuters that the deal will be 
announced in the near future, declining to be more specific. 
    On Monday she met with E.ON and the fund's representatives 
in Riga. 
 
 (Reporting by Gederts Gelzis, writing by Nerijus Adomaitis, 
editing by Louise Heavens) 
 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters 
Messaging: nerijus.adomaitis.thomsonreuters@reuters.net)) 
 
Keywords: LATVIJAS GAZE M&A/MARGUERITE