Iberdrola Waives Conditions to Acquire 100% of Infigen Energy

Datum : 30/06/2020 @ 09h06
Quelle : Dow Jones News
Name : Iberdrola SA (PK) (IBDRY)
Kurs : 48.07  1.46 (3.13%) @ 22h38
Iberdrola (PK) share price Chart

Iberdrola Waives Conditions to Acquire 100% of Infigen Energy

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By Mauro Orru

 

Iberdrola SA said Tuesday that it has waived initially imposed conditions for the total acquisition of renewable-energy provider Infigen Energy.

The Spanish utility company said it is still committed to acquiring a stake of more than 50% in the company.

Iberdrola said on Monday that it had decided to increase its offer to 89 Australian cents (US$0.61) per security in cash, from AUD0.86 previously.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

June 30, 2020 02:51 ET (06:51 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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