
China’s ENN Energy valued at $11.6 billion in privatization offer
(Oil Price) – Chinese gas and clean energy distribution firm ENN Energy Holdings Limited has been valued at around US$11.6 billion (HK$90.50 billion) under a privatization offer from another ENN affiliate, the companies involved in the proposed transaction said on Wednesday. Under the proposed deal, ENN Natural Gas – one of the affiliate companies of ENN Energy part of the ENN Group of