SSE PLC acquires Hess Corp - UK Gas Assets

On April 1, 2010, SSE PLC acquired Hess Corp - UK Gas Assets, an oil, gas & coal exploration company in United Kingdom, from Hess Corp.

Deal at a glance

AnnouncedApril 1, 2010 TypeDivestiture TargetHess Corp - UK Gas Assets Buyer SSE PLC Seller Hess Corp. SectorOil, Gas & Coal Exploration LocationUnited Kingdom ValueMembers only

Target company

Hess Corp - UK Gas Assets

United Kingdom

Oil, Gas & Coal Explorationsector

-founded

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Buyer

SSE PLC

Company · 7 deals on record

1st transaction in oil, gas & coal exploration
3rd transaction in United Kingdom

7deals, all time

1in this sector

2014latest

Seller

Hess Corp.

Company · 24 deals on record

24investments

9in this sector

15exits

Members only

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The full deal history of every party

Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Hess Corp - UK Gas Assets?SSE PLC acquired Hess Corp - UK Gas Assets on April 1, 2010.

Who sold Hess Corp - UK Gas Assets?Hess Corp. was the seller.

What type of deal was it?It was a divestiture in the oil, gas & coal exploration sector in 2010.

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