--Engie SA (ENGI.FR) and Caisse de Depot et Placement du Quebec are teaming up to bid up to $9 billion for a Petroleo Brasileiro SA (PBR) gas pipeline network, Bloomberg News reported Friday.

--Media reports this year have mentioned several potential bidders including Abu Dhabi state fund Mubadala Investment Co. According to the Bloomberg report, Engie's earlier bid of $8 billion including debt was the highest.

https://www.bloomberg.com/news/articles/2018-10-12/engie-caisse-are-said-to-plan-9-billion-petrobras-pipeline-bid

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

October 12, 2018 19:32 ET (23:32 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
Grafico Azioni Engie (EU:ENGI)
Storico
Da Feb 2024 a Mar 2024 Clicca qui per i Grafici di Engie
Grafico Azioni Engie (EU:ENGI)
Storico
Da Mar 2023 a Mar 2024 Clicca qui per i Grafici di Engie