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New Deal


Announced

Glencore to acquire a minority stake in Shenzhen Energy.

Financials

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

Sources

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Tags

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Cross Border

Single Bidder

Pending

China

Acquisition

Minority

oil and gas

Friendly

Integrated Oil and Gas

Private

Synopsis

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Glencore, a British–Swiss multinational commodity trading and mining company, agreed to acquire a minority stake in Shenzhen Energy, a fully-integrated gas business. Financial terms were not disclosed.

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