Bulletin: MVM's Acquisition Of E.ON's Romanian Assets Is Neutral To The Rating - S&P Global Ratings’ Credit Research

Bulletin: MVM's Acquisition Of E.ON's Romanian Assets Is Neutral To The Rating

Bulletin: MVM's Acquisition Of E.ON's Romanian Assets Is Neutral To The Rating - S&P Global Ratings’ Credit Research
Bulletin: MVM's Acquisition Of E.ON's Romanian Assets Is Neutral To The Rating
Published Dec 20, 2024
2 pages (1207 words) — Published Dec 20, 2024
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Abstract:

DUBLIN (S&P Global Ratings) Dec. 20, 2024--S&P Global Ratings said today that the proposal by MVM Energy Private LLC (MVM) to acquire E.ON's retail and customer solutions in Romania (unrated) would only marginally enhance MVM's scale and operating footprint. We currently view the proposed acquisition as neutral to MVM's credit quality and to our rating on the company (BBB-/Stable/--). On Dec. 16, E.ON and MVM reached an agreement whereby MVM will acquire E.ON's 68% stake in E.ON Energie Romania as well as its 98% stake in E.ON Asist Complet, for an undisclosed amount. We expect the transaction to close in second quarter 2025 subject to approval from the relevant authorities. E.ON Energie Romania is one of the largest gas and

  
Brief Excerpt:

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Report Type:

Bulletin

Issuer
MVM Energy Private LLC
Sector
Global Issuers
Country
Hungary
Region
Europe, Middle East, Africa
Format:
PDF Adobe Acrobat
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MLA:
S&P Global Ratings’ Credit Research. "Bulletin: MVM's Acquisition Of E.ON's Romanian Assets Is Neutral To The Rating" Dec 20, 2024. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-MVM-s-Acquisition-Of-E-ON-s-Romanian-Assets-Is-Neutral-To-The-Rating-3302898>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: MVM's Acquisition Of E.ON's Romanian Assets Is Neutral To The Rating Dec 20, 2024. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-MVM-s-Acquisition-Of-E-ON-s-Romanian-Assets-Is-Neutral-To-The-Rating-3302898>
  
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