Debt AdvisoryEnergy & RenewablesPUBLISHED
Técnicas Reunidas and Samsung to receive €120 million after winning arbitration in England
Value
€120M
Acquirer
MGT Teesside
A consortium formed by Técnicas Reunidas and Samsung will receive €120 million from MGT Teesside following a successful arbitration ruling by the London Court. The dispute concerned the cancellation of a biomass plant contract.
✦ Meridian Analysis
This item details the outcome of a commercial dispute, resulting in a significant payment to the Técnicas Reunidas and Samsung consortium. While not a direct M&A or debt advisory transaction, it involves a substantial financial settlement impacting corporate balance sheets.
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