Tennet Germany Draws GIC, Apollo Interest as Dutch Near Decision

Tennet Holding BV’s German business is attracting interest from potential investors including GIC Pte and Apollo Global Management Inc., as the Dutch government nears a decision on what to do with the unit of the state-owned grid operator, people with knowledge of the matter said.

Dutch Finance Minister Eelco Heinen is set to review options during the next couple weeks for Tennet Germany, the people said. Government officials and advisers have recently been holding talks with investors to gauge their interest in participating in either a private placement or an initial public offering for the unit, the people ...