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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Ms Brigitte Lambertz +49 201 1215599
Company logo of RWE Aktiengesellschaft
RWE Aktiengesellschaft

RWE sells NET4GAS

RWE signs contract with Allianz and Borealis / Closing expected to occur in second half of 2013

(PresseBox) (Essen, )
RWE today signed an agreement for the sale of 100% of its shares in NET4GAS, s.r.o., the independent Gas Transmission Operator in the Czech Republic, to a consortium of Allianz and Borealis Infrastructure. Under the agreement, the consortium will acquire the shares for an enterprise value close to EUR 1.6 bn. This represents a normalised valuation multiple (Enterprise Value/EBITDA) of c. 9x. The closing of the transaction is expected to occur in the second half of 2013.

NET4GAS, s.r.o. holds the exclusive licence for the operation of more than 3,600 kilometres of pipelines in the Czech Republic and is responsible ipx onz xzrtonyb glchkfihhhxw lp cvzdwnc jpm vu lcxx gu ftnrzkqxkrixe scw wmdbzpi.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.