Breakingviews on Twitter
Search League Tables

Monday, 30 May 2016

Blackstone scrapes energy bottom again for Dynegy

Power play

Don t be fooled by the 62 pct premium. Blackstone is getting the highly geared fallen giant for a bargain at $4.7 bln. The buyout firm has timed this sector well before. Given the high price of coal and the low price of electricity, in time it may deliver a repeat performance.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)