Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Energy companies Eniig and SE to merge
October 12, 2018

The boards of the two energy companies Eniig and SE have entered into an agreement to merge under the name Norlys a.m.b.a. Norlys becomes a significant player in the Danish energy and telecommunications market with approx. 2,500 employees. Norlys will have a turnover of approx. DKK 8bn and operating income of approx. DKK 1.9bn. According to the companies, the total electricity supply of the new company will cover 30% of Danish households.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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