Bulgarian Energy Sector Transaction Awarded as "Best M&A of Deal in CEE".
Raiffeisen Centrobank, together with its cooperation partner Lazard advised Contour Global, a global power company which develops, acquires and operates electric power and district heating businesses, on this landmark acquisition of 73% of the target from the Italian Enel S.p.A., Europe's 3rd largest energy company.
The transaction represents the largest energy and utility M&A transaction in in the history of the Bulgarian market and coeval the largest CSEE power transaction in 2011 at the time of closing in June 2011.
This award reflects the decisive role of the consultant in the transaction.
The prize was bestowed on the traditional annual EMEA Finance Achievement Awards ceremony, which distinguishes the best achievements of banks, financial consultants and entities from the financial sector. Ceremony was part of a Charity Dinner held in The Grand Connaught Rooms in London.
"This award once again provides the assurance that that our strategy of combining excellent industry know-how in Vienna and the local expertise in the various countries we are present." emphasizes Henning von Stechow, Managing Director ECM/M&A Industry Sectors.
Raiffeisen Centrobank together with its Raiffeisen Investment subsidiaries is the leading investment bank in the M&A advisory sector in CEE and Turkey in terms of deals volume and value. Raiffeisen Centrobank is the equity house of the Raiffeisen Bank International Group and one of the leading investment banks in Austria and CEE covering the entire spectrum of services and products around equities, derivatives and equity capital transactions, including and excluding the stock exchange.
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|Publication:||Sofia News Agency|
|Date:||Jul 5, 2012|
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