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New Deal


Announced

Macquarie to acquire Gasoducto de Morelos and Morelos O&M from Enagás and Elecnor for $174m.

Financials

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Transaction Value£129m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

Acquisition

Single Bidder

Private

Majority

Cross Border

Private Equity

Pending

natural gas distribution

Spain

Integrated Oil and Gas

Synopsis

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Macquarie, an Australian multinational independent investment bank, agreed to acquire Gasoducto de Morelos and Morelos O&M from Enagás, an energy company, and Elecnor, a Spanish energy group, for $174m. Gasoducto de Morelos and Morelos O&M are the owner and operator, respectively, of a 172km gas pipeline divided into two sections and located in the States of Morelos, Puebla and Tlaxcala.

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