Announced
Financials
Sources
Tags
Minority
Acquisition
Failed
electricity transmission
Electricity Distribution
Belgium
Private
Private Equity
Synopsis
State Grid Corporation of China, the state-owned electric utility monopoly of China, attempted to acquire a 20% stake in Eurogrid, one of the four transmission system operators for electricity in Germany, from IFM Investors, an Australian investment management company, for EUR956m. The deal was blocked by German regulators.
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