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New Deal


Announced

E.ON and Igneo to form a joint venture.

Financials

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

Tags

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Germany

broadband communications

Pending

Friendly

Majority

Single Bidder

Joint Venture

Private Equity

broadband infrastructure

Private

Internet

Cross Border

Synopsis

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E.ON, an energy company, and Igneo Infrastructure Partners, an asset manager, agreed to form a joint venture for the rollout of high speed broadband infrastructure in Germany. Financial terms were not disclosed. “Strong partnerships are particularly important for the digitization of our country. That's why we are delighted to have joined forces with Igneo, a renowned and long-term investor, to accelerate the rollout of broadband in Germany,” Thomas König, E.ON Board of Management Member.

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