ENN Ecological to acquire a 32.83% stake in ENN Energy for $3.8bn.

Synopsis

ENN Ecological, a China-based company engaged in the clean energy industry, agreed to acquire a 32.83% stake in ENN Energy, a natural gas distribution company, for $3.8bn.

Principals

target

Enn Energy Holdings

bidder

Enn Ecological Holdings Co

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Market Context

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Seller Team (1)

jishen han

CEO at ENN ENERGY HOLDINGS

Manager

target

Deal

£ 3.13 B

Total Value

Bidder Team (2)

zhang yesheng

CEO at ENN ECOLOGICAL HOLDINGS CO LTD

Manager

bidder

Deal

£ 3.13 B

Total Value

kay ian ng

Partner at Sullivan & Cromwell

Lawyer

bidder

Deals

£ 29.75 B

Total Value

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