MADRID (Reuters) - The sole owner of Spanish oil and gas company Cepsa, Abu Dhabi’s Mubadala Investment Co, is considering a public listing or sale of a stake in the company, a Cepsa spokeswoman said on Friday.
“It is evaluating options for a public offering or sale of a stake to a strategic partner. It is an open process and in a preliminary phase,” the spokeswoman said
The comments confirm a report in Spanish newspaper Expansion on Friday which said Cepsa was looking for a strategic partner or an investment fund to acquire part of its stake.
Reporting by Jose Elias Rodriguez; Writing by Paul Day; Editing by Sonya Dowsett