Bloomberg News

Allianz in Talks to Buy EON Gas Network, Sueddeutsche Says

By Patrick Donahue
December 12, 2011

Dec. 12 (Bloomberg) -- Allianz SE is in talks to buy EON AG’s gas network, Sueddeutsche Zeitung reported, citing company officials.

Talks for the insurer’s Allianz Capital Partners unit to purchase the 12,000-kilometer network are well advanced, the newspaper said.

To contact the editor responsible for this story: Patrick Donahue at pdonahue1@bloomberg.net

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