Exit / M&A
Energy One to acquire GMSL in $99.8 million deal
Energy One has agreed to buy gas software firm GMSL from Fluxys in an all-scrip deal valuing GMSL at A$99.8 million, with Fluxys taking an 18.26% stake in the combined group.
Chief Executive Officer, Energy One Limited
| Role | Organisation | Sources |
|---|---|---|
| Chief Executive Officer | Energy One Limited | fluxys.com, newsnreleases.com |
Stories naming Ben Tranier. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Energy One has agreed to buy gas software firm GMSL from Fluxys in an all-scrip deal valuing GMSL at A$99.8 million, with Fluxys taking an 18.26% stake in the combined group.
The ASX-listed energy software firm has turned down Volue's sweetened $17-per-share cash offer worth $539.7 million, calling it opportunistic and undervalued, and pointing to its growth momentum under new chief executive Ben Tranier.