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ENN Natural Gas Ditches Restructuring Plan, $12 Billion Buyout

ENN Natural Gas Ditches Restructuring Plan, $12 Billion Buyout
Bloomberg Markets Friday 12 June 2026, 10:37 UTC By Felix Tam, Foster Wong 1 min read
Key Points

ENN Natural Gas Ditches Restructuring Plan, $12 Billion Buyout ENN Natural Gas Co.’s board terminated a planned restructuring, including a nearly $12 billion buyout offer for ENN Energy Holdings Ltd. and a second listing in Hong Kong. The company, which is ENN Energy’s biggest shareholder with a stake of about 34%, said in a filing Friday that it made the decision because of uncertainty over obtaining regulatory approvals in mainland China and Hong Kong.

ENN Natural Gas Ditches Restructuring Plan, $12 Billion Buyout ENN Natural Gas Co.’s board terminated a planned restructuring, including a nearly $12 billion buyout offer for ENN Energy Holdings Ltd. and a second listing in Hong Kong. The company, which is ENN Energy’s biggest shareholder with a stake of about 34%, said in a filing Friday that it made the decision because of uncertainty over obtaining regulatory approvals in mainland China and Hong Kong.
ENN Natural Gas Ditches Restructuring Plan (ORG) ENN Natural Gas Co.’s (ORG) ENN Energy Holdings Ltd. (ORG) Hong Kong (LOCATION) ENN Energy’s (ORG) China (LOCATION)
Originally published by Bloomberg Markets Read original →

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