Radar > 217752

Several buyers interested in the acquisition of Spain-based E.ON

Varios interesados en adquirir la filial española de E.ON

Vários interessados em adquirir a filial espanhola da E.ON

Intel ID : 217752
Synopsis

German oil company E.ON placed its Spanish subsidiary up for sale. The company operates in the electric energy market. The deal could be EUR 3.000m.

The adviser in this transaction is Citibank. Several national and international buyers have started to show their interest, this includes Villar Mir, Portugal-based EDP - Energias de Portugal, US-based companies KKR, Riverstone, Blackstone and J.P. Morgan, and Canada-based Brookfield Asset Management.
(content in spanish)

La empresa petrolera alemana E.ON ha puesto a la venta su filial española, que opera en el mercado de la energía eléctrica, en una operación que podría suponer un importe total de EUR 3.000m.

La transacción, que está siendo asesorada por Citibank, ya ha despertado el interés de varios inversores nacionales e internacionales, entre los que se encuentra la española Grupo Villar Mir, la portuguesa EDP - Energias de Portugal, los estadounidenses KKR, Riverstone, Blackstone y J.P. Morgan; y la canadiense Brookfield Asset Management.
(content in portuguese)

A empresa petrolífera alemã E.ON pôs à venda a sua filial espanhola, que opera no mercado de energia eléctrica, numa operação que poderá ascender a EUR 3.000m.

A transacção, que conta com a assesssoria do Citibank, já despertou o interesse de vários compradores nacionais e internacionais, entre os quais se encontram o grupo Villar Mir, a portuguesa EDP - Energias de Portugal, as norte-americanas KKR, Riverstone, Blackstone e J.P. Morgan, bem como a canadiana Brookfield Asset Management.

Bidder

Target

Seller

Germany

Intel ID 217752
Value EUR 3.000,00m
Native Currency Euro (EUR)
Financial Data - Viesgo
(31 Dec 2018)
Revenue: EUR 689,65m
EBITDA: EUR 171,79m
Net Debt: EUR 3.772,16m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Solar (Primary)
Services and Distribution / Distribution and Retail
Primary Sector (TTRSC)
20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
35.07.09 Lighting, Electrical Equipment & Supplies
35 Industrials / 35.07 Manufacturing

Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Real Estate and Construction / Construction (Materials and Machinery)
Energy and Renewable Energies / Electric
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

Secondary Sectors (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

35.03.05 Homebuilders (Residential)
35 Industrials / 35.03 Construction & Engineering

Country
Description

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.08 Investment Banking & Brokerage Services
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Bidder

Name
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Services and Distribution / Financial and Insurance
Energy and Renewable Energies / Solar
Primary Sector (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Electric (Primary)
Primary Sector (TTRSC)
20.01.01 Energy Traders & Brokers
20 Energy & Utilities / 20.01 Energy Services

Country
Website
Description

Seller

Name
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Oil and Gas (Primary)
Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  
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Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.