Tuesday, June 9, 2009

Axa F2i Group Buy Enel Rete Gas For 1.2B Euros

Axa Private Equity and F2i, an Italian investment fund, have agreed to acquire an 80% stake in Enel Rete Gas, an Italian gas distribution company, for 1.2 billion euros. HSBC and Bank of America Merrill Lynch advised Axa and F2i, while JP Morgan and Mediobanca have advised Enel Rete Gas.

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