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Announced

Completed

Sval Energi completed the acquisition of Edison Norge for $300m.

Financials

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Transaction Value£217m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Norway

Private

Integrated Oil and Gas

Friendly

Majority

Domestic

Completed

Single Bidder

Acquisition

energy production

Synopsis

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Sval Energi, an oil and gas company, completed the acquisition of Edison Norge, a company that controls the group's hydrocarbon exploration and production activities in Norway, for $300m. “Sval is a fast-moving growth business.This acquisition is another step in our clear ambition, demonstrating that we are determined to become a significant player on the NCS. We are always on the lookout for profitable business opportunities," Nikolai Lyngø, Sval CEO.

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