Published by Global Banking & Finance Review®
Posted on March 27, 2025
1 min readLast updated: January 24, 2026
Add as preferred source on GoogleCriteria confirms no current talks on its Naturgy stake despite TAQA's interest. Naturgy shares rose 0.5%.
MADRID (Reuters) - Spanish holding company Criteria said on Thursday it was not at present in negotiations with any potential investor regarding its stake in the energy utility Naturgy.
The statement comes after Bloomberg News reported on Monday that Abu Dhabi's TAQA had approached Naturgy's largest shareholder, Criteria, to revive an offer for a stake in the Spanish utility.
Criteria, which holds a 26.7% stake in Naturgy, said in a filing to the stock market supervisor that it "is not currently in negotiations with any potential investment group regarding its stake in Naturgy Energy Group".
Bloomberg said on Monday the UAE's minister of investment and TAQA chairman, Mohamed Hassan Alsuwaidi, had travelled to Spain to meet with a Criteria executive to discuss a potential deal.
Last year, TAQA was eyeing Criteria's stake for a possible partnership agreement but failed to reach a deal.
Shares in Naturgy were up 0.5% in late afternoon trading while Spain's blue-chip index Ibex-35 was flat.
(Reporting by Jesús Aguado; editing by Inti Landauro)
The article discusses Criteria's statement on not being in talks regarding its stake in Naturgy, despite interest from TAQA.
No, Criteria has stated it is not currently in negotiations with TAQA or any other potential investors.
Naturgy shares increased by 0.5% in late afternoon trading.
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