NGGDNever Gonna Get Done
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The terms of the transaction imply an enterprise value for NGGD of approximately GBP 13.
6bn in cash from the consortium (subject to certain completion adjustments) and will own a 39% minority equity interest in a new holding company for NGGD.
7bn of the additional debt financing, in order to maintain the equity value of our 39% interest in NGGD, and after deduction of costs of around GBP 0.