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GAIL (India) Ltd Jointly with Electricite de France SA’s Subsidiary Places Non-Binding Joint Bid To Acquire Repsol SA's Assets-DJ


Friday, 15 Feb 2013 05:52am EST 

Dow Jones reported that GAIL (India) Ltd announced that jointly with the United States arm of Electricite de France SA (EDF) group have placed an initial and non-binding joint bid to acquire some of Repsol SA's natural gas fields and plants. Repsol has put on sale its gas assets in Canada, Peru and Trinidad & Tobago. GAIL tied up with the EDF group to bid for natural gas and shale gas assets. GAIL also signed a contract to source liquefied natural gas from EDF. 

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454.3
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5:59am EDT