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Repsol sells part of its piped gas business for 652 million euros

30 Sep 201517:40 CET

Repsol has agreed with Natural Gas Distribution and Redexis Gas the sale of part of its piped gas business. The various operations amount to a total of 651.5 million euros, generating an estimated after-tax capital gain of 367 million euros. The agreements, which will be completed in early 2016, are subject to regulatory approvals.

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