# TCC to acquire 60.5% stake in ENGIE EPS for €132M

ENGIE has signed an agreement to sell its 60.5% stake in ENGIE EPS to Taiwanese company TCC for €132 million, with a subsequent mandatory tender offer for remaining shares.

- Type: Acquisition
- Announced: 2021-04-20
- Where: France
- Value: $158.0M (132.0M EUR)
- Status: announced
- Products: energy storage systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Engie](https://endata.com/companies/999.md) (target)
- [ENGIE EPS](https://endata.com/companies/51148.md) (target)
- [TCC](https://endata.com/companies/54563.md) (acquirer)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20210419005984/en/Sale-of-60.5-of-ENGIE-EPS-by-ENGIE-to-TCC-ENGIE-EPS-to-Become-NHOA), 2021-04-20: "ENGIE has announced the signing of a Sale Purchase Agreement with Taiwanese company TCC for its 60.5% stake in the share capital of ENGIE EPS."

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