Iberdrola Raises Offer Price in Takeover Bid for Infigen Energy
July 22 2020 - 2:35AM
Dow Jones News
By Giulia Petroni
Iberdrola SA said Wednesday that it increased its offer in a
takeover bid for Infigen Energy Ltd and Infigen Energy RE Ltd.
The Spanish utility company said it would offer 92 Australian
cents ($0.66) per stapled security to acquire Infigen, up from
AUD0.89 previously.
The increase is conditional on Iberdrola Renewables Australia
receiving acceptances of its offer for at least a further 13% of
Infigen's stapled securities by July 30.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 22, 2020 02:20 ET (06:20 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Infigen Energy (ASX:IFN)
Historical Stock Chart
From Dec 2024 to Jan 2025
Infigen Energy (ASX:IFN)
Historical Stock Chart
From Jan 2024 to Jan 2025
