Fridman buys RWE’s subsidiary
Edited by Rhod Mackenzie / 2014-03-19 03:27:01
The deal value will make up 5.1 billion euros, the company notes, and other terms of the contract will be known later. The value also includes Dea’s debt in the amount of 0.6 billion euro, thus the “net” value of the company will be 4.5 billion euro.
The transaction is planned to be concluded in the second half of 2014 after coordination of all terms by the RWE’s Board and regulators.
