July 29, 2021

Reynés’ management at Abertis and Naturgy, key in the IFM fund takeover bid


Madrid

Updated:

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The Australian pension fund IFM, which has presented a takeover bid for up to 22.69% of Naturgy, was interested in this company for, above all, three issues, as sources close to it have explained to ABC: “It has a long-term and reference shareholder, Criteria Caixa; It has a solid management team with experience in the sector led by Francisco Reynés, whom they already know through his career at Abertis; and because of the attractiveness of the sector in Spain with the energy transition promoted by the Government ”.

These sources recall that IFM managers They know Reynés because when he was at Abertis they were competitors in some projects. The one who is president of Naturgy

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