Announced
Completed
Financials
Sources
Tags
Domestic
Demerger
Conventional Electricity
Majority
Single Bidder
Completed
Spin Off
South Africa
transmission
Private
Friendly
Synopsis
Eskom, a South African electricity generator, completed the demerger of its transmission and generation divisions into separate private companies. The debt-laden utility would be split into three divisions - generation, transmission and distribution - to improve management of a company that has relied heavily on government bail outs and frequently implements nationwide power cuts.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.