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Allianz, Borealis to buy RWE's Net4Gas for $2 bln
March 28, 2013 / 3:06 PM / 5 years ago

Allianz, Borealis to buy RWE's Net4Gas for $2 bln

FRANKFURT, March 28 (Reuters) - German insurer Allianz and Canadian infrastructure investor Borealis have agreed to buy RWE’s Czech gas transmission system operator Net4Gas for about 1.6 billion euros ($2.04 billion), RWE said on Thursday.

Sources familiar with the talks had told Reuters on Wednesday that Allianz and Borealis were close to signing a deal to buy Net4Gas.

$1 = 0.7824 euros Reporting by Christoph Steitz; Editing by Maria Sheahan

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