MADRID, March 3 (Reuters) - BlackRock ( BLK ) sold its remaining 11.4% stake in Spanish energy firm Naturgy for 2.79 billion euros ($3.25 billion), a market filing showed on Tuesday.
The investment company disposed of 110,753,554 shares at 25.20 euros apiece, compared with Naturgy's closing price of 26.76 euros on Monday.
BlackRock ( BLK ) had appointed J.P. Morgan and Goldman Sachs to manage the sale through an accelerated bookbuild.
In December, the firm had sold roughly 7% stake in Naturgy for $2 billion. BlackRock ( BLK ) became a shareholder in the utility following its 2024 acquisition of Global Infrastructure Partners, which previously held a stake in Naturgy.
($1 = 0.8572 euros)