SAGGAS Buyout Bid Withdrawn

BRUSSELS (Reuters) – The European Commission said on Friday that the notification of a deal by British investment fund RREEF Fund and Spanish Union Fenosa Gas jointly to acquire Spanish liquid natural gas company SAGGAS had been withdrawn.

The European Union’s antitrust watchdog made the announcement in a daily list of planned mergers under scrutiny, giving no further details.

RREEF Fund is managed by Germany’s Deutsche Bank (DBKGn.DE). (Reporting by Bate Felix; Editing by Dale Hudson)