M&A Deal Summary

Integrys Energy Group Acquires Peoples Energy

On February 21, 2007, Integrys Energy Group acquired utilities company Peoples Energy for 1.5B USD

Acquisition Highlights
  • This is Integrys Energy Group’s 1st transaction in the Utilities sector.
  • This is Integrys Energy Group’s largest (disclosed) transaction.
  • This is Integrys Energy Group’s 1st transaction in the United States.
  • This is Integrys Energy Group’s 1st transaction in Illinois.

M&A Deal Summary
Date 2007-02-21
Target Peoples Energy
Sector Utilities
Buyer(s) Integrys Energy Group
Deal Type Merger
Deal Value 1.5B USD
Advisor(s) Morgan Stanley (Financial)

Target

Peoples Energy

Chicago, Illinois, United States
website
Peoples Energy was a former natural gas utility serving the Chicago area.

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Buyer(S) 1

Buyer

Integrys Energy Group

Chicago, Illinois, United States

website

Category Company
Founded 2007
Sector Utilities
Employees4,888
DESCRIPTION

Integrys Energy Group Inc. is a diversified energy holding company with regulated natural gas and electric utility operations.

DEAL STATS #
Overall 1 of 4
Sector (Utilities) 1 of 1
Type (Merger) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 4
Year (2007) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-12 WPS Canada Generation

Caribou, Maine, United States

WPS Canada Generation, Inc. provides electricity services and operates as a subsidiary of WPS Power Development, Inc.

Sell -
Mergr

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