January 11, 2019 / 2:26 PM / 2 months ago

Utility EWE to kick off minority stake sale next month - sources

FRANKFURT/BERLIN, Jan 11 (Reuters) - German regional utility EWE is expected to kick off a sales process for a minority stake in itself next month, three people familiar with the matter said, in a deal that could value the whole group at up to 6.2 billion euros ($7.2 billion).

After the publication of a sales advertisement likely in late February, prospective buyers will have four weeks to indicate their interest for the 26 percent stake, one of the people said.

Potential buyers include a consortium of infrastructure investor Macquarie and German insurer Allianz , the people said, as well as Canadian pension fund OMERS, Australian infrastructure fund IFM and Dutch pension fund PGGM. ($1 = 0.8676 euros) (Reporting by Arno Schuetze, Christoph Steitz, editing by Riham Alkousaa)

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