Brookfield negotiates acquisition of Neoen for 6.1 billion euros
Canadian asset manager Brookfield enters exclusive negotiations to acquire a majority stake in French renewable energy provider Neoen, valued at €6.1 billion. Neoen could be delisted from the Paris stock exchange as a result of this acquisition.
| Countries | Finlande, France |
|---|---|
| Companies | Brookfield, Impala, Brookfield Renewable Partners, Neoen |
| Sector | Énergie Éolienne, Énergie Solaire, Photovoltaïque, Terrestre |
| Theme | Investissements & Transactions, Investissement entreprise |
Brookfield, through its renewable energy platform Brookfield Renewable Partners, is negotiating with Impala, the Fonds Stratégique de Participations managed by ISALT, Cartusiai, Xavier Barbaro, and other shareholders to acquire approximately 53.32% of Neoen shares at a price of 39.85 euros per share. Once this block had been acquired, Brookfield Renewable Holdings would launch a mandatory takeover bid for the remaining shares at the same price, with the intention of delisting Neoen from the Paris stock exchange.
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