Viridian agrees takeover terms

The North's main electricity supplier, Viridian, confirmed today that it had agreed to the terms of a £1.6bn (€2.4bn) private equity takeover.

Viridian agrees takeover terms
Fri, 06 Oct, 2006 - 12:23

The North's main electricity supplier, Viridian, confirmed today that it had agreed to the terms of a £1.6bn (€2.4bn) private equity takeover.

Bahrain-based ElectricInvest, an arm of private equity business Arcapita, will pay a total of 1336p per share for the company.

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CourtsBusinessHeathrowPlace: BahrainPlace: DublinPlace: LondonPlace: Northern IrelandPlace: Republic of IrelandPlace: UKPlace: South StaffordshirePlace: NorthPlace: IrelandPerson: Asim ZafarPerson: Dipresh ShahOrganisation: ViridianOrganisation: NorthOrganisation: ElectricInvestOrganisation: ArcapitaOrganisation: EnergiaOrganisation: Powerteam
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