March 2, 2021

Naturgy falls on the stock market for fear that the Government will not authorize the takeover of the Australian fund




A rumor circulated in the markets yesterday that the coalition government will not authorize the takeover bid presented on January 26 by the Australian fund IFM for up to 22.69% of Naturgy’s capital in the hands of minority shareholders, which caused that their titles fell 3.83%.

The Naturgy price closed today at 20.35 euros, far from both the 23 euros offered by IFM in its tender offer and the 22.19 euros it reached on the day the offer was known after rising 15.48% in the session.

IFM has advanced the deadlines and presented its offer and the corresponding brochure to the CNMV last Friday. When I bring the reports to the Ministry


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