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Market Chatter: TotalEnergies Nears $2.1 Billion Acquisition of VSB Group From Partners Group Holding
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Market Chatter: TotalEnergies Nears $2.1 Billion Acquisition of VSB Group From Partners Group Holding
Dec 3, 2024 4:15 AM

06:58 AM EST, 12/03/2024 (MT Newswires) -- TotalEnergies (TTE) is close to acquiring VSB Group from private equity firm Partners Group Holding for 2 billion euros ($2.10 billion), Bloomberg reported Tuesday, citing people familiar with the matter.

The French-based energy giant and Partners Group may announce a sale of the sustainable energy project management company in the coming days, but a final deal may be delayed, the report said.

Partners Group declined to comment and TotalEnergies did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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