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CKI-led consortium to buy German energy metering firm

  • Region:

    Hong Kong, Germany

  • Sector:

    Utilities

  • Deal Size:

    $5.25 billion

  • Buy Side Company:

    CK Infrastructure Holdings Ltd
  • Sell Side Company:

    CVC Capital Partners
  • Target Company:

    ista International GmbH

A consortium led by Hong Kong's CK Infrastructure is set to buy German metering and energy management group, Ista, in a deal valued at up to 4.5 billion euros ($5.25 billion), Reuters reported. The seller is private equity fund, CVC Capital.

Tags:

M&A,M&A deals,mergers and acquisitions,strategic acquisitions