DJ Credit Suisse May Buy Stake in BayWa's Renewables Business, Sources Say --Reuters

--Credit Suisse is in talks to buy a minority stake in BayWa's renewable energy business, Reuters reported Thursday, citing "two people familiar with the matter."

--The potential value of the deal, including debt, could be EUR2 billion ($2.2 billion), the report said.

--Germany's BayWa previously said it was seeking a buyer for a stake in the business, and said negotiations continue, while Credit Suisse didn't immediately comment, according to the report.

Full story: https://www.reuters.com/article/us-baywa-m-a-credit-suisse-gp/germanys-baywa-in-talks-to-sell-renewables-stake-to-credit-suisse-sources-idUSKBN1ZM28J

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

January 23, 2020 12:49 ET (17:49 GMT)

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