Fri. 19 Apr 2024, 11:03am ET
Benzinga
News, Contracts
A unit of Abu Dhabi National Oil Co. is considering a potential investment in UGI Corp.’s propane distribution unit AmeriGas, according to people with knowledge of the matter.
State-owned Adnoc is working with advisers to discuss the possible purchase of a stake in AmeriGas, the people said, asking not to be identified because the information is private. A transaction could value AmeriGas at several billion US dollars, according to the people.