M&A Deal Summary

Ohio Edison Acquires Centerior Energy

On November 8, 1997, Ohio Edison acquired utilities company Centerior Energy

Acquisition Highlights
  • This is Ohio Edison’s 1st transaction in the Utilities sector.
  • This is Ohio Edison’s 1st transaction in the United States.
  • This is Ohio Edison’s 1st transaction in Ohio.

M&A Deal Summary

Date 1997-11-08
Target Centerior Energy
Sector Utilities
Buyer(s) Ohio Edison
Deal Type Add-on Acquisition

Target

Centerior Energy

Independence, Ohio, United States
Centerior Energy Corp., provides various electric energy utilities services.

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Buyer(S) 1

Buyer

Ohio Edison

Akron, Ohio, United States

Category Company
Sector Utilities
DESCRIPTION

Ohio Edison Co., a electric distribution company.


DEAL STATS #
Overall 1 of 1
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (1997) 1 of 1