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New Deal


Announced

Royal Dutch Shell offered to acquire ERM Power for $419m.

Financials

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Transaction Value£345m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium43%
One Off Charge-

Tags

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power distribution

Pending

Australia

Acquisition

Friendly

power generation

Conventional Electricity

Public

Single Bidder

Synopsis

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Royal Dutch Shell, a British-Dutch oil and gas company, offered to acquire ERM Power, an Australian energy company that operates electricity sales and electricity generation businesses, for $419m. “This acquisition aligns with Shell’s global ambition to expand our integrated power business and builds on Shell Energy Australia’s existing gas marketing and trading capability,” Shell Australia’s Country Chair Zoe Yujnovich said.

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