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Announced

Shafir to acquire Super NG from Supergaz for $11m.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Majority

Friendly

Private

Domestic

Single Bidder

Israel

natural gas

Integrated Oil and Gas

Acquisition

Pending

Synopsis

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Shafir, a construction engineering company, agreed to acquire Super NG, a natural gas firm, from Supergaz, for $11m. "We are realizing our holdings in the gas distribution infrastructure activity. This is part of the implementation of the company’s business strategy to focus its activities in the coming years, mainly in the areas of electricity generation and renewable energy," Kfir Navon, Supergas Energy CEO.

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