Enagás Internacional, S.L.U. reached an agreement to acquire 4.34% stake in Transportadora de Gas del Peru from Corporacion Financiera de Inversiones and SK Innovation Co., Ltd. (KOSE:A096770) for $97 million on June 2, 2015. Enagás, S.A will acquire 3.94% stake from SK Innovation Co., Ltd and 0.4% stake from Corporacion Financiera de Inversiones SAA. In a related transaction, Corporacion Financiera de Inversiones agreed to acquire 7.25% stake from SK Innovation. SK Innovation will sell its 11% stake for approximately $250 million. The transaction is subject to regulatory approval and exercise of right of first refusal by other shareholder. The proceeds will be used to expand SK Innovation's investment in U.S. shale gas fields. BBVA Corporate Finance acted as financial advisor in the transaction. Robin L. Clarkson, Jeffrey M. Dobbs, Edward C. Osterberg, Jr. and Jose L. Valera of Mayer Brown LLP acted as legal advisors to SK Innovation.

Enagás Internacional, S.L.U. completed the acquisition of 4.34% stake in Transportadora de Gas del Peru from Corporacion Financiera de Inversiones and SK Innovation Co., Ltd. (KOSE:A096770) on July 2, 2015.