It was the last major sale for Engie.
The announced sale - for an excellent price of 7.1 billion euros - of Equans to Bouygues marks the end of the refocusing of the energy company.
After the horrors of the sale of the stake in Suez to Veolia in October 2020, the operation, this time, went well.
"We had three quality offers, one of which stood out, particularly in terms of price and execution capacity
,
" said
Catherine McGregor, CEO of Engie.
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In a few years, the energy conglomerate has literally melted, at the rate of the disposals which accelerated with the arrival of Jean-Pierre Clamadieu as president of the group, in May 2018. While in 2008, it weighed 80 billion euros. euros in turnover, it should rather be 45 billion after the sale of Equans.
This attrition is the result of an observation: year after year, the group has lost market share in its traditional energy production businesses.
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