Royal Dutch Shell and Dutch pension fund manager PGGM on Monday said they are investigating a joint offer for Dutch energy company Eneco [ENECO.UL].
The 53 municipalities that currently own Eneco, estimated by analysts to be worth about 3 billion euros ($3.4 billion), in December said they will sell the company through an auction later this year.
Source: https://www.pehub.com/2019/01/shell-and-pggm-aim-to-bid-for-dutch-energy-company-eneco-reuters/
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