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    EOAN   DE000ENAG999

E.ON SE

(EOAN)
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Compleo Charging Solutions AG entered into a term sheet agreement to acquire Innogy Emobility Solutions GmbH from E.ON SE.

07/16/2021 EDT

Compleo Charging Solutions AG (XTRA:C0M) entered into a term sheet agreement to acquire Innogy Emobility Solutions GmbH from E.ON SE (XTRA:EOAN) on July 16, 2021. The purchase price would be paid both in Compleo’s own shares and through cash components. The underlying enterprise value is in the mid double-digit million-euro range. Both the charge point operator and charging solutions business remaining with E.ON SE and the US activities of innogy eMobility Solutions GmbH are excluded from the agreement. Both parties are aiming for a possible signing of the contract based on extensive due diligence during the third quarter of 2021. The transaction is expected to close during the fourth quarter of 2021.


© S&P Capital IQ 2021
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Last Close Price 10,85 €
Average target price 11,91 €
Spread / Average Target 9,73%
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Leonhard Birnbaum Chairman-Management Board
Marc Spieker Chief Financial Officer
Karl-Ludwig Kley Chairman-Supervisory Board
Markus Nitschke Head-Technology & Innovation, Sustainable Cities
Karen Maria Alida de Segundo Member-Supervisory Board
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