Verbundgesellschaft To Buy E.ON Plants For 1B Euros
Verbundgesellschaft, the Austrian Energy company, agreed to acquire 13 hydro power plants of E.ON in Bavaria for 1 billion Euros. Post acquistion, the plants' 215 employees will be retained. Morgan Stanley is advising E.ON on the deal.
An experienced deal researcher, with an MBA in finance, I have reported on corporate financial news out of SEC documents, and from a variety of sources for about 14 years. Prior to the blog, financial news was reported in www.cyberspaceinvestmentnews.com. I have also researched deal information for deal gift providers Don McDonald & Sons and Icon Recognition and provided research consulting for Admento Promotions. Prior to that I have had research and editorial experience on deals with Federal Filings/Dow Jones and Institutional Investor magazine.
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