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M&AClosedJuly 7, 2017

Energy Future Holdings (80% Oncor) — Berkshire bid (later beaten by Sempra)

Berkshire announces $9B / $11.25B equity-value bid for EFH/Oncor. Outbid by Sempra ($9.45B) August 2017 — EFH bondholders preferred Sempra. BHE walked away after refusing to raise bid.

$9.00B

Deal Value

Other

Technology

TX

Location

MarketsTexasERCOT

Deal Details

Deal Type
Corporate M&A
Deal Value
$9B / $11.25B equity (proposed)
Stage
Operating
ISO/RTO
ERCOT
Source
CNBC

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