.
MergerLinks Header Logo

New Deal


Announced

Completed

MM Capital Partners completed the acquisition of 29.06% stake in Conexus Baltic Grid from Marguerite Fund.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For29%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Domestic

Completed

transmission services

gas storage

Gas Distribution

Latvia

Private

Single Bidder

Private Equity

Friendly

Minority

Synopsis

Edit

MM Capital Partners, formed by Marubeni, Mizuho Bank, and Asset Management One to operate and manage funds specialising in equity investments in overseas infrastructure assets, completed the acquisition of 29.06% stake in Conexus Baltic Grid, a Latvia's unified natural gas transmission and storage operator, from Marguerite Fund, a pan-European equity fund. Financial terms were not disclosed. MMCIF intends to utilise Marubeni’s knowledge and expertise from existing investments in order to contribute to the successful operation of CBG. MM Capital Partners can also offer to support CBG in procuring a long-term financing by leveraging its relationship with Japanese financial institutions.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US