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CEZ holds out for a better price in the sale of Bulgarian assets

Czech utility CEZ plans to sell its Bulgarian assets, for which 5 bidders were shortlisted. The company should settle on a transaction by the end of the year, or in case it cannot obtain the right price, it might scrap it, as told by a board member to Reuters. The names of the bidders were not disclosed, but it is said that the firms had experience in the Balkans, as announced by Tomas Pleskac.

read more... 28/09/2017


Chinese state grid companies will bid for Finland's Elenia

Two state-owned Chinese electricity grid companies are interested in acquiring Finland's second-biggest power distributor, Elenia Oy, in a transaction that might be valued at 3 billion euros, as stated by sources on Friday.

read more... 25/09/2017


Total to purchase Maersk Oil for $7.45 billion

Transport and logistics company Maersk decided to sell 100% of its equity of its oil and gas unit, E&P company Maersk Oil & Gas (Maersk Oil), to Total for $7.45 billion. The deal will signify the start of Maersk moving towards its dismembering, which is estimated to be the biggest single transaction.

read more... 21/08/2017


UK: £11bn investment in solar energy increases M&A activity

Mergers and acquisitions (M&A) in the UK solar sector are developing because of a £11 billion investment since 2013, according to a new report which added that the number of transactions tracked in 2015 increased by 14%.

read more... 06/05/2016


China investors offer $12 billion loan for Russia's Yamal LNG project

Russia's Yamal liquefied natural gas project has obtained a loan from Chinese lenders estimated at $12 billion and denominated in euros and Chinese yuan, as indicated by sources familiar with the transaction.

read more... 29/04/2016