By Mauro Orru

Germany's Uniper is considering the sale of a stake that a subsidiary owns in Latvian natural gas company AS Latvijas Gaze.

The utility said Thursday that Uniper Ruhrgas International, an indirectly wholly-owned subsidiary of the group, could sell its 18.26% equity stake in AS Latvijas Gaze.

The company engaged Ernst & Young as financial advisor on the potential transaction and is requesting that interested parties submit a statement of interest by 1200 GMT on Jan. 19.

Write to Mauro Orru at mauro.orru@wsj.com

(END) Dow Jones Newswires

December 21, 2023 10:29 ET (15:29 GMT)

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