fortum oyj (FOT:Frankfurt)
Transactions by FORTUM OYJ (FOT) in the last 6 months
AP Fonden 1, AP Fonden 3, Folksam AB and Borealis Infrastructure Trust signed an agreement to acquire Fortum Distribution AB from Fortum Oyj (HLSE:FUM1V) for €6.6 billion on a debt and cash free basis on March 13, 2015. Fortum Distribution reported sales of €634 million, EBIT of €235 million, EBITDA of €365 million and net assets of €2.6 billion in the year 2014. Under the terms of the deal, 390 Fortum Distribution employees, will transfer with the business at closing ...
AP Fonden 3
Borealis Infrastructure Trust
Fortum Oyj (HLSE:FUM1V) agreed to acquire 15% stake in Voimaosakeyhtiö SF on December 2, 2014. Fortum's purchase of minority stake in the project implemented by Fennovoima will allow to meet the requirement of the Ministry of Employment and the Economy of Finland in accordance with which at least 60% of the shares should be in the Finnish ownership.
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