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Shell and PGGM aim to bid for Dutch energy company Eneco


© Reuters. FILE PHOTO: Shell branding is seen at a petrol station in west London

AMSTERDAM (Reuters) – Royal Dutch Shell (AS:) and Dutch pension fund manager PGGM on Monday said they are investigating a joint offer for Dutch energy company Eneco [ENECO.UL].

The 53 municipalities that currently own Eneco, estimated by analysts to be worth about 3 billion euros (£2.6 billion), in December said they will sell the company through an auction later this year.

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