# Total completes acquisition of 73% of Direct Energie

Total completed the acquisition of 73.04% of Direct Energie's share capital for €1.4 billion (€42 per share) and filed a mandatory tender offer for the remaining shares.

- Type: Acquisition
- Announced: 2018-07-06
- Where: France
- Status: completed
- Products: gas and power
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Total](https://endata.com/companies/406.md) (acquirer)
- [Direct Energie](https://endata.com/companies/32970.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2018/07/06/1534227/0/en/Direct-Energie-Total-completes-the-acquisition-of-73-of-Direct-Energie-and-files-a-mandatory-offer.html), 2018-07-06: "Total and Direct Energie announce the completion of the acquisition today by Total of 73.04% of the share capital of Direct Energie, for 42 euros per share, representing approximately 1.4 billion euros."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.