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New Deal


Announced

Completed

E.ON completed the acquisition of the remaining 10% stake in Innogy, for $2.6bn.

Financials

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Transaction Value£2,008m
Consideration TypeCash
Capital Owned90%
Capital Bid For10%
EV/Sales0.7x
EV/EBITDA10.48x
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Completed

Minority

Single Bidder

power generation

Friendly

Public

Alternative Electricity

Germany

Privatisation

Synopsis

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E.ON, a European electric utility company, completed the acquisition of the remaining 10% stake in Innogy, an energy company, for $2.6bn. "We’re very pleased that today we completed the final major step in the full takeover and integration of innogy. In the months ahead, we’ll focus on the practical integration of all former innogy operations into our Group. Throughout this process, we’ll ensure that our customers’ interests will continue to always have priority," Johannes Teyssen, E.ON CEO.

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