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IFN Infigen Energy

0.93
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Infigen Energy ASX:IFN Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.93 0.925 0.93 0.00 01:00:00

Iberdrola Raises Offer Price in Takeover Bid for Infigen Energy

22/07/2020 7:35am

Dow Jones News


Infigen Energy (ASX:IFN)
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   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.

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