RWE Set to Expand in Netherlands and Belgium With Essent Merger, an Industrial Info News Alert

Market Wire, January, 2009

Researched by Industrial Info Resources (Sugar Land, Texas) -- RWE's (Essen, Germany) $12.3 billion agreement to acquire all of Essent NV's (Arnhem, The Netherlands) issued and outstanding shares represents the largest deal yet made in Europe in 2009. Despite the tight credit conditions, RWE obtained a loan to cover the deal from 10 banks, including Barclays (NYSE:BCS) (London), Commerzbank (PINKSHEETS:CRZBY) (Frankfurt, Germany), Credit Suisse, JPMorgan Chase & Company (NYSE:JPM) (New York, New York) and Societe General (PINKSHEETS:SCGLY) (Paris).

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.co.uk/showNews.jsp?newsitemID=142902 , or browse other breaking industrial news stories at www.industrialinfo.co.uk .

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to jdick@industrialinfo.co.uk or visit us online at Industrial Info Europe .

Related News Articles

Italy's Enel Seeks $1.36 Billion for Distribution Network from European Investment Bank

GE Energy to Supply Turbines for GDF Suez's 430-Megawatt Combined-Cycle Project

European Transmission System Operators Form Common Power-Security Platform

Add to Digg Bookmark with del.icio.us Add to Newsvine

Contact: Joe Govreau 713-783-5147