logo
Share SHARE
FONT-SIZE Plus   Neg

EnergySolutions, Energy Capital Partners Close Merger

EnergySolutions, Inc. (ES) and affiliates of private equity firm Energy Capital Partners II, LLC on Friday announced the closing of their merger effective May 24.

In connection with the closing of the merger, EnergySolutions has notified the New York Stock Exchange of its intent to withdraw its common stock from listing on the NYSE.

In January, EnergySolutions agreed to be acquired by a unit of private equity firm Energy Capital Partners II, LLC for an enterprise value of $1.1 billion.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
UBS Group AG reported Friday higher profit in its second quarter, boosted mainly by strong growth in wealth management profit, and higher net interest income. Looking ahead, the company issued a cautious outlook on client activity and margins. Shares of the Swiss banking giant were losing around 4 percent in the morning trading. Ford Motor Co. has issued a safety recall for nearly 117,000 vehicles in North America to replace improperly tempered bolts in seats and seatbelts that could fracture. The affected vehicles include 2014 Ford F-150 pickup trucks, 2014 E-Series vans, 2014-15 Ford Escape SUVs and 2015 Lincoln MKC SUVs to replace improperly tempered bolts in seats and seatbelts. Electronics retailer Best Buy is adding Dyson mini-shops to its select stores in the U.S. next month. Dyson is a maker of vacuums, hair dryers, air purifiers and other household items. Starting in August, about 90 U.S. Best Buy stores will get new Dyson Demo Experiences - dedicated spaces that will enable customers try out Dyson products as if they were in their own home.
comments powered by Disqus
Follow RTT