Carillion picks up green energy specialist in £300m deal

CARILLION, the £1.5bn Wolverhampton-based engineering and support services giant, has announced the acquisition of green energy specialist Eaga in a deal worth more than £300m.

The boards of the two firms announced this morning they had agreed a recommended a cash acquisition at a value of 120p per Eaga share, with a 40% share alternative valuing New Carillion shares at 385.2p.

The acquisition, together with the interim dividend, values Eaga at approximately £306.5 million.

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