Elliott Management $2.5 billion investment in FirstEnergy

22/1/2018

Financial investment

Value:

$ 2.5 billion

Status:

Completed

Date:

22/1/2018

Overview:

Elliott Management has invested $2.5 billion in FirstEnergy.
The investment was made by a consortium led by Elliott Management and including GIC, Zimmer Partners and Bluescape.
Moelis provided financial advice to FirstEnergy.

Katrin Kostadinova - Data analyst

Jurisdiction:

United States

Deal type:

Financial investment

Practice area:

M&A

Governing law:

United States

Industry sector:

Energy

Firms:

Jones Day

Party: FirstEnergy (Target)

Lawyers: Kimberly Pustulka, Peter Izanec

Ropes & Gray

Party: Elliott Management (Investor)

Lawyer: Jonathan Gill

Sidley Austin

Party: GIC (Investor)

Lawyer: Asi Kirmayer

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