Australian fund IFM said on Thursday it had secured a 10.83% holding in Spanish energy group Naturgy for 2.32 billion euros ($2.69 billion) in a tender offer, less than half of what it had initially sought to buy.
Carl Icahn on Thursday said he was trying to gain control of Southwest Gas Holdings' board and replace its chief executive, as the Nevada utility is moving forward with a planned acquisition that the billionaire activist investor says hurts shareholders.
President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the EU called an emergency summit to tackle skyrocketing prices.
President Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the EU called an emergency summit to tackle skyrocketing prices.