BG Group completes sale of Comgás
BG Group, the FTSE 100 gas giant, has completed the sale of its entire 60.1 per cent holding in Comgás to Cosan Indústria, reducing the company's debt by around one billion dollars.
BG Group, the FTSE 100 gas giant, has completed the sale of its entire 60.1 per cent holding in Comgs to Cosan Indstria, reducing the company's debt by around one billion dollars.
The consideration was sold for around $1.7bn and was completed after the companies obtained the necessary approvals from the So Paulo State Sanitation and Energy Regulation Agency and the Economic Defense Administrative Board.
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