DONG Energy divests its Danish gas distribution grid to

Today, DONG Energy and the state owned entity,, have signed an agreement under which will acquire DONG Energy’s 100% ownership share in DONG Gas Distribution A/S and related operational activities. 97 employees will be transferred to, when the transaction is closed 30. September 2016.
DONG Gas Distribution A/S will be divested for a total consideration of DKK 2.3 billion (enterprise value), and is expected to result in a gain from sale of enterprises (not part of EBITDA) of DKK 1.5 billion. The EBITDA contribution from DONG Gas Distribution A/S was DKK 360 million in 2015.  …

Auteur: Redactie

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