New IFM offensive in Naturgy: buy 1% and already exceed 12%

The Australian fund IFM has notified this Tuesday to the National Securities Market Commission (CNMV) the purchase of another 1% of Naturgy in the market, with which its participation in the energy company already exceeds 12%.

After the takeover bid (OPA) for 22.7% of NATURGY ended with an acceptance of 10.8%, the fund had already gone to the market to increase its participation to 11%.

IFM has increased its participation in almost ten million titles, which represents an investment above the 230 million euros.

In total, the investment fund accumulates 116,742,516 shares, a position valued at its set in slightly less than 3,000 million euros at market prices.

Naturgy shares continue to rise since the announcement of the takeover bid and have currently broken the 25-euro barrier for stand at 25.3 euros, 1.2% more than at the beginning of the session, just over an hour after the markets close.

IFM will continue as the fourth shareholder of the firm behind the CVC and GIP funds

The shares of the Spanish company have accumulated a revaluation of almost 33% in so far this year.

IFM will continue as the fourth shareholder of the firm behind the CVC and GIP funds, which they control each 20% of the firm, and Criteria Caixa, which adds 26.7%.