Blackrock plans to continue operation and reduce stake in Naturgy to around 5%
Banc Sabadell | BlackRock, following the accelerated placement of 7.1% of Naturgy’s (NTGY) capital in December (up to 12.62% NTGY), plans to continue the operation and reduce its stake to around 5% of the capital, managed solely through passive funds, according to press reports. Assessment: This news comes as no surprise, as it was partly expected since BlackRock placed 7% of the capital in December (at a price of €24.75/share,…









