The details of the agreement call for BG to sell its 62.78% interest in Cats for £523 million, payable when the transaction closes in the second half of this year, and a deferred amount of £39 million.
BG, which is looking for a new chief executive following the departure of Chris Finlayson, said the sale “is in line with BG’s strategy to actively manage its asset portfolio and deliver value to shareholders.”
The
