Record Year for Acquisitions and Mergers
This year is on track to set a new record for acquisitions and mergers, with more than 5 billion euros worth of transactions already completed or in progress since the beginning of the year. This does not even include the bond issues carried out by the four largest banks, which have brought in billions in liquidity.
Investment Opportunities in Banking, Energy, and Technology
In addition to the booming banking sector, there is strong interest in investing in energy and technology industries. The green transition and digital transformation are driving the need for synergies to be achieved, making these sectors attractive for potential investors.
One of the major deals of the year involves Masdar acquiring 67% of Terna Energy, with an enterprise value of €3.2 billion. The transaction price was set at €20 per share, valuing the energy group at €2.4 billion. This acquisition is a significant step towards expanding Masdar’s portfolio in Europe, as it is a subsidiary of the Abu Dhabi Future Energy Company.
GEK Terna Group Signs Landmark Energy Deal on Athens Stock Exchange
GEK Terna Group, a major player in the energy sector, has recently signed a historic deal on the Athens Stock Exchange. The agreement aims to increase the global installed capacity to 100 GW by 2030, marking a significant milestone for the company.
According to George Peristeris, Chairman and CEO of GEK Terna Group, this deal is the largest ever made in the energy sector on the Athens bourse. The company is set to make a substantial impact on the industry with this ambitious target.
