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Share Name | Share Symbol | Market | Type |
---|---|---|---|
EDP SA | EU:EDP | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.023 | 0.60% | 3.841 | 3.822 | 3.85 | 3.881 | 3.789 | 3.811 | 7,830,957 | 16:40:00 |
China Three Gorges Corp., builder of the world's largest hydropower project, said Monday that it has a slight edge in bidding for the Portuguese government's sale of 21% in national utility EDP-Energias de Portugal SA (EDP.LB).
Three Gorges said nine companies originally bid for the assets, but after two rounds, only three are left in the auction--the others being Germany's E.ON and Brazil's Centrais Eletricas Brasileiras S.A., known as Electrobras.
Three Gorges didn't mention how much its bid was, but in a statement cited media reports that it had bid EUR2.69 billion, which was 5% more than E.ON and 6% more than Electrobras.
-By Wayne Ma, Dow Jones Newswires; +86 10 8400 7714; wayne.ma@dowjones.com
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