UGI falls on decision to not sell French energy marketing business

UGI

02/12/2022 15:44

** Shares of natural gas distributor UGI Corp  UGI.N  down
1.5% at $1.7
    ** Co says it no longer expects to sell its French energy
marketing business in the first quarter of fiscal 2023
 urn:newsml:reuters.com:*:nBw1RwnhVa
    ** Extended negotiations with the potential buyer have been
discontinued - UGI
    ** Co reaffirms fiscal 2023 adj EPS guidance
    ** So far this year, shares decline 17.3%
 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))