Latest news
Rosneft signed a deal to buy a 30% stake in Zohr gas field
The Russian giant now owns a 30% stake in the Zohr gas field after closing a $1.125 billion (£850 million) transaction.
read more... 16/10/2017
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