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
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
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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