Bord Gáis Energy priced at €1 billion
JP Morgan handling sale, with interested parties believed to include CVC, Macquarie and Hastings, writes Samantha McCaughren.
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...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine