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New Deal


Announced

Completed

Dominion Energy completed the acquisition of SCANA Corporation for $14.6bn.

Financials

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Transaction Value£10,805m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales3.2x
EV/EBITDA31.1x
Share Price Premium-
One Off Charge-

Synopsis

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Dominion Energy, one of the largest energy utility companies in the United States, completed the acquisition of SCANA Corporation, an energy-based holding company principally engaged, through subsidiaries, in electric and natural gas utility operations, for $14.6bn. "Dominion Energy is a strong, well-regarded company in the utility industry and its commitment to customers and communities aligns well with our values. Joining with Dominion Energy strengthens our company and provides resources that will enable us to once again focus on our core operations and best serve our customers," Jimmy Addison, SCANA CEO.

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