Bord Gáis Energy priced at €1 billion

JP Morgan handling sale, with interested parties believed to include CVC, Macquarie and Hastings, writes Samantha McCaughren.

4th May, 2013
Offers for Bord Gáis are due in late June.

Indicative offers for Bord Gáis Energy (BGE) will be due in late June, with the information memorandum being circulated to interested parties. The sale tag is likely to be around €1 billion.

The Sunday Business Post understands that Phoenix Energy in the North has also been put up for sale and is expected to fetch between €600 million and €700 million.

JP Morgan is handling the sale, and the information memorandum will be...

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