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New Deal


Announced

Aggreko to acquire Crestchic for £122m.

Financials

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Transaction Value£122m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium44%
One Off Charge-

Tags

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Public

Domestic

Energy / Utility Services

power supplier

Majority

Pending

Single Bidder

United Kingdom

Friendly

Acquisition

Synopsis

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Aggreko, a privately owned temporary power supplier, agreed to acquire Crestchic, a specialist equipment provider, for £122m. "The offer of 401 pence per Crestchic share in cash represents an attractive, immediate premium for shareholders, and I am confident that under Aggreko's responsible long-term stewardship the business will continue to thrive," Peter Harris, Crestchic Chairman.

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