Explore All 235 Divestiture Utilities Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | April 2, 2014 |
| Target | East Horizon Gas Company |
| Sector | Utilities |
| Buyer(s) | Seven Energy |
| Sellers(s) | Oando |
| Deal Type | Divestiture |
| Deal Value | 250M USD |
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Seven Energy is an integrated oil and gas development, production and gas distribution company. Seven Energy is based in Lagos, Nigeria.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Utilities | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| Country: Nigeria | 1 of 1 |
| Year: 2014 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1956 |
| Sector | Oil/Gas Exploration |
| Employees | 998 |
| Revenue | 4.09T ZAR (2024) |
Oando is a diversified oil and gas company. Oando was founded in 1956 and is based in Lagos, Nigeria.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 2 |
| Sector: Utilities | 1 of 1 |
| Type: Divestiture | 1 of 2 |
| Country: Nigeria | 1 of 2 |
| Year: 2014 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-12-01 |
Axxela
Lagos, Nigeria Axxela was a pioneer developer of Nigeria’s foremost natural gas distribution network and has grown to become the largest private sector gas distributor. Axxela is based in Lagos, Nigeria. |
Sell | - |
