Friday, December 7, 2007

RWE may acquire 50% stake in Excelerate Energy

7 December 2007
Financial Deals Tracker

According to Reuters, Platts reported that RWE AG, an integrated energy company, will acquire a 50% stake in Excelerate Energy, an importer of liquefied natural gas.

Deal Type Acquisition
Sub-Category Minority Acquisition
Deal Status Rumour: 2007-12-06

Deal Participants

Target (Company) Excelerate Energy
Acquirer (Company) RWE AG
% Acquisition 50%
EBRV [ Excelerate ]