C3828 Christian Hager
Vattenfall job for A2Sea
07 June 2010 01:22 GMT
Dong Energy acquisition of A2Sea could trigger wave of consolidation
03 September 2009 11:01 GMT
Dong is spreading its wings
02 July 2009 11:01 GMT
29 June 2010 08:19 GMT
Germany's Siemens is set to take a 49% stake in Danish offshore windfarm installation outfit A2Sea, majority shareholder Dong Energy said today.
Under the deal, Siemens will shell out Dkr860 million ($142.4 million) for new shares in A2Sea. The cash will be paid in two installments, one this year with the second next year.
Closing, which is subject to regulatory approval, is due in the fourth quarter of this year, Dong said.
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