• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Pertamina Plans to Acquire Coastal Energy for US$2.6 Billion as Part of its Business Strategy of Inorganic Growth Product Image

Pertamina Plans to Acquire Coastal Energy for US$2.6 Billion as Part of its Business Strategy of Inorganic Growth

  • Published: November 2012
  • Region: Global
  • 6 pages
  • GlobalData

Pertamina Plans to Acquire Coastal Energy for US$2.6 Billion as Part of its Business Strategy of Inorganic Growth – Deal Analysis from GlobalData

Summary

PT Pertamina (Persero) has made a bid to acquire Coastal Energy Company (Coastal) for a purchase consideration of approximately £1,600MM (US$2,559.2MM) or £14.36 (US$22.97) per share. The offer price represents a premium of 22% to Coastal Energy's share price of £11.44 (US$18.33) per share, as of November 5, 2012. Persero is reportedly seeking the assistance of Coastal’s advisor Citigroup to complete additional due diligence to deliver a binding proposal.

Scope

- Rationale behind Pertamina's plans to acquire Coastal Energy.
- Rationale behind Persero expanding its presence in Thailand and Malaysia.
- Geography Covered- Thailand and Malaysia.

Reasons to buy

- To know about Pertamina's plans to acquire Coastal Energy.
- To understand the acquisition plan of Coastal is part of Persero’s business strategy of growing inorganically.
- To develop a sound understanding about Persero expanding its presence in Thailand and Malaysia.

1
1

1.1 List of Tables
1.2 List of Figures
2 Pertamina Plans to Acquire Coastal Energy for US$2.6 Billion
2.1 Deal Overview
2.2 Deal in Brief
2.3 Acquisition Plan of Coastal is Part of Persero’s Business Strategy of Growing Inorganically
2.4 Deal Financials and Valuations
3 Appendix
3.1 Sources
3.2 Methodology
3.3 Contact Us
3.4 Disclaimer

1.1 List of Tables
Table 1: Oil and Gas Industry, Persero, Major Acquisitions of Assets Around the World, January 2012 to Present
Table 2: Coastal, Major Oil and Gas Assets in Thailand and Malaysia, 2012
Table 3: Companies Involved
Table 4: Financials of the Deal
Table 5: Target Information
Table 6: Acquirer Information

1.2 List of Figures
Figure 1: Persero, Business Strategy of Persero, 2012
Figure 2: Coastal, Location of Assets in Offshore and Onshore Thailand and Malaysia, 2012

Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Our clients' logos