Enagas SA (ES:ENG) has released an update.
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Enagás S.A. is set to divest its 50% stake in the Mexican company Estación de Compresión Soto la Marina to Esentia Anáhuac Holding for $15 million, contributing to a net capital gain of approximately 4 million euros. This move aligns with Enagás’s strategic focus on decarbonization and supply security in Spain and Europe. The completion of the sale is contingent upon certain conditions being met.
For further insights into ES:ENG stock, check out TipRanks’ Stock Analysis page.