BlackRock commits to keep Naturgy listed after stake acquisition
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BlackRock has committed to keeping Spanish utility Naturgy listed for at least three years following its acquisition of a stake in the company. This commitment was made to secure government approval for the acquisition.
November 05, 2024 | 12:30 pm
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BlackRock has acquired a stake in Naturgy and committed to keeping the company listed for at least three years to gain government approval.
The commitment to keep Naturgy listed for three years is a strategic move by BlackRock to ensure regulatory approval, which could positively impact BlackRock's reputation and investment strategy.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80