.
MergerLinks Header Logo

New Deal


Announced

Ecotricity to acquire a 75% stake in Good Energy for $82m.

Financials

Edit Data
Transaction Value£59m
Consideration TypeCash, Ordinary Shares
Capital Owned25%
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium26.6%
One Off Charge-

Tags

Edit

Majority

United Kingdom

Domestic

Acquisition

Hostile

Single Bidder

Integrated Oil and Gas

Public

Pending

energy company

Synopsis

Edit

Ecotricity, a British energy company, offered to acquire a 75% stake in Good Energy, a UK-based energy company, for $82m. Ecotricity’s proposal represents a premium of 26.6% to the volume weighted average closing price of the target’s stock for the three months to July 9, and a premium of 4.9% over the closing price on July 21. The company said it would use existing cash resources to pay for the acquisition.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US