Naturgy and Sonatrach have reached an agreement with Mubadala for the acquisition of 42.09% of its stake in Medgaz. After the closing of the transaction, Medgaz will become the exclusive property of Sonatrach (with a 51% stake) and Naturgy (with the remaining 49%). All this is thanks to a shareholders’ agreement, which gives them joint control of the gas pipeline linking Algeria and Spain. The operation will allow Naturgy to...
