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  • RWE and LetterOne agree on Sale of RWE Dea
    édité le 17/03/2014 - Plus de news de "RWE" - Voir la fiche entreprise de "RWE"


RWE and LetterOne agree on Sale of RWE Dea
RWE Aktiengesellschaft and LetterOne Group (Alfa Group Consortium’s investment company) have agreed terms for the sale of RWE Dea AG at an enterprise value of ca. 5.1 billion Euro and on the major contractual conditions.

They will clarify the further details shortly in order to enter into the sale and purchase agreement. The transaction will be subject to the approval of the Supervisory Board of RWE Aktiengesellschaft and of authorities in several countries.

The enterprise value includes ca. 0.6 billion Euro in assumed liabilities.

About RWE Dea

RWE Dea AG, headquartered in Hamburg, is an international company engaged in the exploration and production of natural gas and crude oil. The company deploys state-of-the-art drilling and production technologies and puts its many years’ experience acquired to good use in its activities. RWE Dea has set new standards in the fields of safety and environmental protection.

RWE Dea has stakes in production facilities and concessions in Germany, the UK, Norway, Denmark, Egypt and Algeria, and holds exploration licenses in Ireland, Libya, Mauritania, Poland, Suriname, Trinidad & Tobago, and Turkmenistan. Moreover, in Germany RWE Dea operates large subterranean storage facilities for natural gas. RWE Dea is part of the RWE Group, one of Europe’s largest energy utilities.

About Alfa Group

Founded in 1989, Alfa Group Consortium is one of Russia’s largest privately owned investment groups, with interests in commercial and investment banking, asset management, insurance, retail trade, water utilities, as well as special-situation investments. The Group typically focuses on value-oriented, longer-term opportunities, primarily in Russia and the CIS, but also invests in other markets which form part of the Group’s strategic business objectives.


Origine : Communiqué RWE

Voir la fiche entreprise de "RWE"



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