Naturgy’s stock has seen a significant uptick this 2024, rallying strongly in the wake of potential acquisition interest. The Spanish utility company’s shares climbed 5% on Wednesday, adding to a 3.3% rise on Tuesday. This upward trend marks eight consecutive sessions of gains, accumulating an impressive 11.7% increase in total. The surge in share prices follows confirmed negotiations between the Emirati group TAQA and the private equity firms CVC and GIP, which collectively hold 40%…
"Naturgy Shares Soar Amid Potential Takeover by TAQA"