Extract from our M&A Insights

Read more about our Nordic and DACH M&A Insights services including the M&A Portal and Private Equity Portfolio Tracker.
Ørsted CEO expects to sell Radius in second half of 2019
May 2, 2019

With the release of Ørsted’s Q1 report, the CEO said, during a teleconference, that he expects to divest Radius in the second half of 2019. As the previous sales process was far into negotiation, Ørsted expects the divestment of Radius to be a quick process. According to Reuters, the minimum bid to be in the final part of the sales process was DKK 18.7bn, which corresponds to an EV/EBITDA multiple of 16.1x.

ⓘ This story was originally featured in our daily Nordic M&A Newsletter - we publish some of the newsletter content with delay through our M&A Newsletter Library. If you would like more insights on this deal or industry then send us an email at requests@nordicknowledgepartners.com