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New Deal


Announced

Sound Energy terminated the acquisition of Angus Energy.

Financials

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

Sources

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Tags

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Single Bidder

Private

United States

Alternative Fuels

energy transition

Majority

Acquisition

Friendly

United Kingdom

Failed

Cross Border

Synopsis

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Sound Energy, an energy group, terminated the acquisition of Angus Energy, a renewable energy company. Financial terms were not disclosed. “The company is pleased to continue discussions with two actively interested parties for part or all of our licence interest at an asset level,” George Lucan, Angus CEO.

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