It has been announced the auction for interested parties to acquire a stake in the Cory plant. It has been said that companies such as China Everbright Group and Beijing Enterprises, as well as Hong Kong magnate Li Ka-shing, Chair of CK Hutchison Holdings are interest in taking a part on the deal

Date March 04, 2018

Type M&A Transactions

Subtype Transaction agreement announced

Subsectors Waste-to-Energy

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It has been announced the auction for interested parties to acquire a stake in the Cory plant. It has been said that companies such as China Everbright Group and Beijing Enterprises, as well as Hong Kong magnate Li Ka-shing, Chair of CK Hutchison Holdings are interest in taking a part on the deal

Similar updates

▶No bids have been received for the sale. HRADF has invited Deutsche Telekom to exercise its right of first refusal to buy the shares. Under a shareholders’ agreement, Deutsche Telekom has 30 business days to decide if it will buy the stake at a price equal to the average share price of the last 20 trading sessions
▶Deutsche Telekom has agreed to acquire the stake for EUR284 million (US$349 million)
▶Cube Infrastructure and Everbright Overseas Infrastructure Investment Fund have reached an agreement regarding the acquisition of the Boreal Group. Closing of the transaction is expected in the second quarter of 2018, subject to customary closing conditions

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▶Dalmore Capital, Fiera Infrastructure, Semperian PPP Investment Partners and Swiss Life Asset Managers acquire Cory Riverside Energy

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It has been announced the auction for interested parties to acquire a stake in the Cory plant. It has been said that companies such as China Everbright Group and Beijing Enterprises, as well as Hong Kong magnate Li Ka-shing, Chair of CK Hutchison Holdings are interest in taking a part on the deal

Similar updates

Related transactions

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