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NaturgyEnergy


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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Commerzbank, CVC Updates: Rogers Communications, Organon Sept 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2035 GMT on Wednesday: ** Commerzbank CBKG.DE is poised to put CFO Bettina Orlopp in charge of talks with UniCredit CRDI.MI when the German bank's supervisory board meets next week, two people with knowledge of the matter said, as the Italian rival eyes a takeover.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds PJT Partners, Rogers Communications, Organon, Eneos Holdings Updates: Alaska Airlines, Legal & General Sept 18 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1530 GMT on Wednesday: ** PJT Partners PJT.N , a boutique investment bank, has entered into an agreement to buy Dubai-based advisory firm deNovo Partners, which is led by ex-Morgan Stanley Banker May Nasrallah, deNovo said in a statement on Wednesday.
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Spain allows BlackRock to take 20% stake in Naturgy, Cinco Dias reports

Spain allows BlackRock to take 20% stake in Naturgy, Cinco Dias reports MADRID, Sept 18 (Reuters) - The Spanish government has authorised BlackRock BLK.N to take the 20% stake in power utility Naturgy NTGY.MC it bought when taking over investment fund GIP in January , the Cinco Dias newspaper reported on Wednesday, citing sources at the Economy Ministry.
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Spanish stocks - Factors to watch on Sept 18

Spanish stocks - Factors to watch on Sept 18 Sept 18 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: ARIMA ARM.MC The company said on Tuesday its first-half net loss narrowed to 11.2 million euros ($12.45 million).
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Bernstein resumes Naturgy with 'market-perform' on limited upside potential

BUZZ-Bernstein resumes Naturgy with 'market-perform' on limited upside potential ** Bernstein resumes Naturgy NTGY.MC coverage with "market-perform" vs "underperform" when it discontinued coverage in April ** Sets PT at 24 euros ($26.73) ** Sees limited upside potential for Spanish utility co and doesn't expect the energy scenario to favour NTGY in
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Auction Technology, Compass, D'Ieteren Group

EUROPE RESEARCH ROUNDUP-Auction Technology, Compass, D'Ieteren Group Sept 17 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Auction Technology, Compass Group and D'Ieteren Group on Tuesday. HIGHLIGHTS * Auction Technology Group Plc ATG.L : JP Morgan raises to overweight from neutral * Compass Group CPG.L : RBC cuts to sector perform from outperform * D'Ieteren Group SA IETB.BR : Jefferies cuts to hold from buy * Hermes HRMS.PA : Ex
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Naturgy To Invest 265 Mln Euros In Two New Photovoltaic Plants In Australia

BRIEF-Naturgy To Invest 265 Mln Euros In Two New Photovoltaic Plants In Australia Sept 9 (Reuters) - Naturgy Energy Group SA NTGY.MC : TO INVEST 265 MILLION EUROS IN CONSTRUCTION OF TWO NEW PHOTOVOLTAIC PLANTS IN AUSTRALIA STARTS CONSTRUCTION OF TWO NEW FACILITIES WITH INSTALLED CAPACITY OF 360 MW AND SIGNED AGREEMENTS WITH TELSTRA FOR FUTURE SALE
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Top of the Street: Sika, Haleon, Anglo American, VAT Group

BUZZ-Top of the Street: Sika, Haleon, Anglo American, VAT Group A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Stifel raises Swiss chemicals maker Sika SIKA.S to "buy" from "hold" after it increased its PT to CHF 270, which implies an upside of 11%, following the recent share price drop ** Goldman Sachs cuts consumer healthcare company Haleon HLN.L to "neutral" from "buy", as it sees limited catalysts to drive near term price performance, with Pfizer's
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MS resumes Naturgy with 'equal weight' on fundamentals, flags low liquidity

BUZZ-MS resumes Naturgy with 'equal weight' on fundamentals, flags low liquidity ** Morgan Stanley resumes coverage of Spanish utility Naturgy NTGY.MC with "equal-weight" rating, citing improving fundamentals, but it flags low liquidity ** MS sees improving fundamentals for the company's breadth of business supporting steady EBITDA to 2030 from ele
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Spanish stocks - Factors to watch on August 6

Spanish stocks - Factors to watch on August 6 Aug 6 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy: TALGO TLGO.MC Skoda Group's chief executive Petr Novotny told Spanish newspaper Cinco Dias his firm will approach Talgo again this week about combining the two companies' industrial activities, noting the Czech firm might consider a cash bid once it has d
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Europe welcomes Middle East money but some deals face headwinds

ANALYSIS-Europe welcomes Middle East money but some deals face headwinds By Andres Gonzalez and Yousef Saba LONDON/DUBAI, July 25 (Reuters) - As Abu Dhabi's ADNOC sets its sights on an 11.7 billion euro ($12.74 billion) takeover of German chemical maker Covestro 1COV.DE in what would be the largest European acquisition by a Middle Eastern buyer in at least 16 years, it marks a recent upswing in dealmaking between the regions.
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Exane BNP Paribas ups Spain's Naturgy on solid fundamentals, cash flow generation

BUZZ-Exane BNP Paribas ups Spain's Naturgy on solid fundamentals, cash flow generation ** Exane BNP Paribas upgrades Naturgy NTGY.MC to "neutral" from "underperform", saying the Spanish utility's fundamental valuation provides a strong floor after YTD underperformance and "outstanding" free cash flow generation in the last two years ** Exane says N
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Naturgy seals retroactive gas price deal with Sonatrach for 2023

Naturgy seals retroactive gas price deal with Sonatrach for 2023 MADRID, July 23 (Reuters) - Spanish power company Naturgy NTGY.MC has sealed a retroactive gas price deal with Algerian state-owned gas company Sonatrach for 2023, its chairman Francisco Reynes told a news conference on Tuesday, without elaborating on its details. The company had said earlier it had agreed on prices with Sonatrach for 2024. Naturgy has gas contracts with Sonatrach for about 5 billion cubic metres per year.
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Naturgy to bet big on biomethane in new strategy, executive chairman says

Naturgy to bet big on biomethane in new strategy, executive chairman says MADRID, July 23 (Reuters) - Biomethane will play a key role in Naturgy's NTGY.MC strategic plans through the end of the decade, the Spanish gas company's executive chairman Francisco Reynes said on Tuesday. "Renewable gases is our important bet and we are progressing on biomethane contracts in our development portfolio," he told analysts after the company released its first-half results.
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Naturgy rises after providing better than expected outlook and H1 results

BUZZ-Naturgy rises after providing better than expected outlook and H1 results ** Shares of Spanish power company Naturgy NTGY.MC rise 1.6% after it said it expects its 2024 net profit to surpass 1.8 billion euros ($1.96 billion) ** Core earnings, before interest, tax, depreciation and amortisation, are seen above 5.3 billion euros in 2024 ** Barcl
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Naturgy Reaches Price Agreement With Sonatrach For 2024

BRIEF-Naturgy Reaches Price Agreement With Sonatrach For 2024 July 23 (Reuters) - Naturgy Energy Group SA NTGY.MC : A PRICE AGREEMENT HAS BEEN REACHED WITH SONATRACH FOR 2024 AGREEMENT ENSURES THAT PRICES REFLECT CURRENT MARKET CONDITIONS, AND UNDERLINES COMMITMENT TO SECURITY OF SUPPLY Source text for Eikon: ID:nCNMbThHpX Further company coverage:
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Naturgy reaches agreement with Sonatrach on 2024 gas supply price

Naturgy reaches agreement with Sonatrach on 2024 gas supply price MADRID, July 23 (Reuters) - Spanish power company Naturgy NTGY.MC said on Tuesday it has reached an agreement with Algerian state oil and gas company Sonatrach on 2024 prices for gas supply. The deal "ensures that prices reflect current market conditions," Naturgy said. The Spanish company has gas contracts with Algeria's Sonatrach for about 5 billion cubic metres (bcm) per year.
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Naturgy gives rosy profit outlook, secures key gas-supply price deal

UPDATE 2-Naturgy gives rosy profit outlook, secures key gas-supply price deal Recast, adds CEO comment, details, background By Pietro Lombardi MADRID, July 23 (Reuters) - Spain's Naturgy NTGY.MC said on Tuesday it had reached a price agreement with its Algerian gas supplier and provided a consensus-beating profit outlook for the year, moving on after a failed takeover attempt of the Spanish power company.
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Naturgy H1 Net Profit 1.04 Bln Euros

BRIEF-Naturgy H1 Net Profit 1.04 Bln Euros July 23 (Reuters) - Naturgy Energy Group SA NTGY.MC : H1 EBITDA 2.85 BILLION EUROS VERSUS 2.85 BILLION EUROS YEAR AGO H1 NET PROFIT 1.04 BILLION EUROS VERSUS 1.05 BILLION EUROS YEAR AGO H1 NET SALES 9.07 BILLION EUROS VERSUS 12.05 BILLION EUROS YEAR AGO ESTIMATES IT MAY REACH AN 2024 EBITDA AND NET INCOME
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Naturgy sees 2024 net profit surpassing 1.8 bln euros

Naturgy sees 2024 net profit surpassing 1.8 bln euros MADRID, July 23 (Reuters) - Spanish power company Naturgy NTGY.MC said on Tuesday it expects its net profit this year will surpass 1.8 billion euros ($1.96 billion) after first-half net profit were roughly flat compared with a year earlier. Net profit for the period fell 0.2% to 1.04 billion euros.
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