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New Deal


Announced

Completed

Aker completed the acquisition of the oil and gas business of Lundin Energy for $14bn.

Financials

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Transaction Value£10,592m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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Aker, an oil exploration and development company, completed the acquisition of the oil and gas business of Lundin Energy, an oil and gas exploration and production company, for $14bn. “Through this merger we create the oil and gas company of the future. Aker BP is positioned with industry leading low cost and low CO2 emissions. The company has a target of net zero emissions by 2030 and is offering a reliable and secure source of energy,” Øyvind Eriksen, Aker President and CEO.

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