Fortum Holding €100 million acquisition of Grupa Duon

11/3/2016
Public acquisition

€ 100 million

$ 107 million

Announced

11/3/2016


Overview:

  • Fortum Holding, an international energy company, has acquired a 93% stake in Grupa Duon, a Polish electricity and natural gas provider, in a transaction worth €100 million.
  • The price per a share was Zl3.85. 
  • Fortum Holding has a presence in Poland, the Nordic and the Baltic countries, Russia, and India.

Rani Mehta - Journalist

Jurisdiction:

Poland

Deal type:

Public acquisition

Practice area:

M&A

Industry sectors:

Energy
Oil and gas