Goldman Sachs gets big DONG profit

Goldman Sachs gets big DONG profit

12-10-2017 10:00:00

New Energy Investment S.à.r.l. , NEI, located in Luxembourg, which is indirectly owned by companies controlled by Merchant Banking Division of Goldman Sachs Group, Inc. has completed the sale of 11,435,215 existing shares in DONG Energy A/S.

"NEI has agreed to sell 11,435,215 existing shares in DONG Energy, which corresponds to 2,7 percent of existing shares in DONG Energy, to institutional investors at a price of 375 DKK per share due to an accelerated bookbuilding offer," DONG Energy A/S writes in a stock exchange announcement.

The total sales price is 4,288 billion DKK. After the transaction, NEI will no longer own shares in DONG Energy. DONG Energy does not receive any proceeds from the transaction.

Source: DONG Energy A/S / Maritime Denmark

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