Entries tagged "RWE"
Some financing markets are open, others are closed. The future remains desperately uncertain, but at least the patient shows signs of life.
RWE obtains the first jumbo financing of the year for its purchase of Dutch utility Essent.
There is demand, there are deals, and there is even money, particularly among strategics. What's lacking in cross-border M&A is animal spirits. It'll take time.
Lack of credit is sapping capital-intensive industries like utilities, which may force them into the biggest consolidation phase since the days of Commonwealth Edison.
