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New Deal


Announced

Completed

New Stratus Energy completed the acquisition of a 35% stake in Ecuador block of Repsol for $200m.

Financials

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Transaction Value£151m
Consideration TypeCash
Capital Owned-
Capital Bid For35%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Integrated Oil and Gas

Ecuador

Cross Border

Acquisition

Private

Single Bidder

energy and petrochemical

Minority

Friendly

Completed

Synopsis

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New Stratus Energy, an oil and gas company, completed the acquisition of a 35% stake in Ecuador block of Repsol, an energy and petrochemical company, for $200m. "The sale is an important step in the announced process of asset portfolio rotation that will allow the Repsol to concentrate on assets in fewer regions and maintain flexibility as the strategic business focus," Repsol.

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