The Limited Times

Now you can see non-English news...

Acquisition of Equans: "Bouygues' offer was the best", according to the CEO of Engie

2021-11-07T09:55:18.046Z


Catherine MacGregor returned to the reasons for Engie's choice to sell Equans to Bouygues, for 7.1 billion euros.


Engie has chosen to sell Equans, the entity bringing together the technical services activities of the energy giant, to Bouygues for 7.1 billion euros.

The “

best offer

” according to Engie's CEO, Catherine MacGregor, who received three “

high quality

” offers (Bouygues, Eiffage and the American fund Bain Capital).

One of these offers stood out on all of the criteria that we had established

(price, industrial and social project, execution capacity).

Bouygues is a magnificent industrial group, which is fully committed to making Equans a French champion in multitechnical services

, ”she declared to the Journal du Dimanche.

Read alsoEngie chooses to sell Equans to Bouygues for 7.1 billion euros

Bouygues did not win because he had to win.

He won because his offer was the best

[...]

especially on the price.

It was the highest-priced offer,

”continues Catherine MacGregor.

And to add: "

And the State, first shareholder of the group

(23.64% of the capital, Editor's note)

, reaffirmed its neutrality throughout the process

".

Source: lefigaro

All business articles on 2021-11-07

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.