Gas Natural to face big challenges in the future
Gas Natural future will dispute within the next months around big investment funds.
The new chairman, Francisco Reynés, will face a big challenge: new investment funds have a leading position in front of traditional protector La caixa.
In 2016, US fund GIP joined Gas Natural buying two 10 percent parcel of shares to La Caixa and Repsol. Nowadays, Repsol is finalizing details for transfer 20 percent remaining to well-known CVC investment fund.
If carry out the deal finally, GIP and CVC will gather 40 percent. Reynés face this challenge being the trustworthy man for La Caixa and for the funds.