Belgian municipalities sell Distrigas

摘要

The board of Belgian municipality holding company Publigaz has agreed to sell the company's 31.25% stake in gas merchant Distrigas to Italy's Eni, the majority stakeholder.rnEni, which holds 57.25% of Distrigas, launched a takeover bid for the remaining shares in January and had the right to first refusal over the Publigaz stake.rnPubligaz would sell its stake to Eni for around Eurl.5 ($1.9 billion), the president of the board Daniel Termont said. The Italian firm's takeover bid for the remaining Distrigas shares was due to end on March 19.