Germany's SEFE Hires Lazard to Manage Return to Private Ownership
🏭 BERLIN — Berlin is selling the gas company it seized from Russia, mid-crisis. 📌 LOOK CLOSER: SEFE — nationalized from Gazprom in 2022 — is Europe's backstop gas trader. Reprivatising it now, with Hormuz closed and Brent above $100, signals Berlin believes the emergency phase is over or needs the balance sheet relief. New private owners inherit strategic infrastructure at the worst pricing moment; the buyer's identity will matter enormously.
