Total selects bidders for its TGIF business, Reuters reports

November 23, 2012

Total (TOT) selected four bidders for its TIGF gas network and storage business in southwest France, estimated to be worth about $3.2B, sources say, reports Reuters. A decision is expected about mid-January. French insurer AXA's (AXAHY) private equity arm, EDF's nuclear fund, French state bank Caisse des Depots and Spanish utility Enagas are candidates.