# United Power to acquire 75% stake in Leviathan Global BD

United Power Generation & Distributions Company Ltd decided to acquire 75% (300,000 ordinary shares) of Leviathan Global BD Ltd, a 50 MW gas-fired power plant in Chattogram, Bangladesh, at Tk 10 per share.

- Type: Acquisition
- Announced: 2019-06-23
- Where: Karnaphuli EPZ, Chattogram, Bangladesh
- Value: $36000.00 (3.00M BDT)
- Status: announced
- Capacity: 50 MW
- Products: electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [United Power Generation & Distributions Company](https://endata.com/companies/40187.md) (acquirer)
- [Leviathan Global BD](https://endata.com/companies/40188.md) (target)

## Sources

- [thefinancialexpress.com.bd](https://thefinancialexpress.com.bd/stock/united-power-to-acquire-75pc-stake-of-leviathan-global-1561276351), 2019-06-23: "The board of directors of United Power has decided to acquire 75 per cent - equivalent to 3,00,000 ordinary shares - of Leviathan Global BD Ltd."

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