Investors To Buy Enron’s Offshore Assets For $2B

Law360, New York (March 30, 2006, 12:00 AM EST) -- Enron Corp.’s international assets are slated to be purchased for close to $2 billion by a group of private equity and hedge fund managers, according to a published report.

The group, which includes London emerging markets fund manager Ashmore Investment Management Ltd. and U.S. hedge funds D.E. Shaw & Co. and Eton Park Capital Management, appears to be the highest bidder for the bankrupt energy company’s offshore assets, the Wall Street Journal reported.

The Houston-based company’s December 2001 bankruptcy filing snuffed more than 5,000 jobs and...
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