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Italy's Camfin finalises unit sale to GDF Suez

Mon May 25, 2009 11:56pm IST
 
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PARIS, May 25 (Reuters) - France's GDF Suez (GSZ.PA: Quote, Profile, Research) has finalised its purchase of the 40 percent stake it did not already own in a unit of Italy's Camfin (CAMI.MI: Quote, Profile, Research), the firms said in a statement on Monday.

The deal, worth 119 million euros ($166.5 million), was announced at the end of March and makes Energie Investimenti a wholly-owned unit of GDF. ($1=.7145 Euro) (Reporting by Sophie Taylor; Editing by Leslie Adler)

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