- CPPIB is weighing a sale of its 12% stake in Nedgia, Spain's largest gas distributor.
- CPPIB has held talks with financial advisers on the potential sale, per people with knowledge of the matter.
- CPPIB acquired the stake for €900m (about $1 billion) in 2018.
- Deliberations are at an initial stage, and CPPIB has not committed to a divestment.
Quotes
“Deliberations are still at an initial stage”