M&A Deal Summary |
|
|---|---|
| Date | 2013-09-03 |
| Target | Missouri Gas Energy |
| Sector | Utilities |
| Buyer(s) | Spire |
| Sellers(s) | Southern Union |
| Deal Type | Divestiture |
| Deal Value | 975M USD |
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Spire is a utility holding company whose primary business is the delivery of natural gas to residential, commercial, and industrial customers. The company has three natural gas utilities: Laclede Gas, Missouri Gas Energy, and Alabama Gas Corporation. Spire was founded in 1857 and is based in St. Louis, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 5 |
| Sector (Utilities) | 1 of 4 |
| Type (Divestiture) | 1 of 5 |
| State (Missouri) | 1 of 3 |
| Country (United States) | 1 of 5 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-20 |
New England Gas
Fall River, Massachusetts, United States New England Gas Co. is a distributor of natural gas and also offers equipment services and repairs. |
Sell | $74M |
| Category | Company |
|---|---|
| Founded | 1932 |
| Sector | Oil/Gas Exploration |
| Employees | 2,256 |
Southern Union Co. engages in the gathering, processing, transportation, storage, and distribution of natural gas in the United States.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Utilities) | 4 of 4 |
| Type (Divestiture) | 4 of 4 |
| State (Missouri) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2013) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-01-27 |
PG Energy
Wilkes-Barre, Pennsylvania, United States PG Energy serves customers in 13 counties in northeastern and central Pennsylvania, including the cities of Scranton, Wilkes-Barre and Williamsport. |
Sell | $580M |
