CMEC to acquire a 75% stake in Osmangazi Elektrik Dagitim and Osmangazi Elektrik Perakende Satıs for $385m.

Synopsis

China Machinery Engineering, a construction and engineering company, and Guoxin International Investment, a sovereign wealth fund located in Hong Kong, agreed to acquire a 75% stake in Osmangazi Elektrik Dagitim and Osmangazi Elektrik Perakende Satıs, providers of electric transmission and distribution services, from Dedeli Yatirim, an investment company, for $385m.

Principals

target

Osmangazi Elektrik Dagitim As

bidder

China Machinery Engineering Corp

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

Sort

Bidder Team (4)

lee edwards

Of Counsel at Shearman & Sterling

Lawyer

bidder

Deal

£ 255 M

Total Value

xiaogang sean wang

Partner at Shearman & Sterling

Lawyer

bidder

Deal

£ 255 M

Total Value

zhou yamin

CFO at CHINA MACHINERY ENGINEERING CORP

Manager

bidder

Deal

£ 255 M

Total Value

sun bai

Chairman at CHINA MACHINERY ENGINEERING CORP

Manager

bidder

Deals

£ 580 M

Total Value

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy