Speculation continues on Bord Gais sale

A broker note published today considers the factors that will affect the sale price of Bord Gais.

24th April, 2013
Bord Gais sale expected to be concluded by the end of the year

The price achieved by Bord Gais Energy, which is being sold off by the state, is likely to be on the lower end of the €1 to €1.5 billion figure speculated, according to Davy.

The formal sale process is about to begin and a deal is expected to be concluded by the end of the year.

The broker said in a note today that the growth in the group's energy EBITDA (earnings before interest tax,...

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