Talanx to acquire a minority stake in Borkum Riffgrund 3 from Glennmont Partners.

Synopsis

Talanx, a financial services firm, agreed to acquire a minority stake in Borkum Riffgrund 3, an offshore windfarm, from Glennmont Partners, a private equity firm. Financial terms were not disclosed.

Principals

target

Borkum Riffgrund 3

bidder

Talanx Group

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Market Context

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Bidder Team (3)

herbert k haas

Chairman at TALANX GROUP

Manager

bidder

Deals

n/a

Total Value

mathias elspass

Partner at Clifford Chance

Lawyer

bidder

Deals

£ 13.63 B

Total Value

zaid mansour

Senior Associate at Clifford Chance

Lawyer

bidder

Deals

£ 8.71 B

Total Value

Vendor Team (1)

joost bergsma

CEO and Co-Founder at GLENNMONT PARTNERS

Investor

vendor

Deals

£ 546 M

Total Value

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