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The USS fund hires Deutsche Bank to decide the future of Redexis

The British firm, together with ATP, must decide in a month whether to acquire 33% of the former Endesa Gas that its Chinese partners are selling, or to join the divestment.

  • USS and ATP hire Deutsche Bank to decide Redexis' future.
  • ROFO for 33.3% of company from GTFund and CNIC.
  • Decision may trigger sector-wide consolidation in Spain.

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