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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.029 | 0.93% | 3.157 | 3.156 | 3.158 | 3.216 | 3.137 | 3.137 | 4,838,701 | 11:11:05 |
From Mar 2020 to Mar 2025
By Patricia Kowsmann
Portugal's government said Thursday that it will raise 356.1 million euros ($455.4 million) from the sale of its remaining 4.1% stake in EDP-Energias de Portugal SA (EDP.LB).
The government launched a private offer for institutional investors earlier Thursday, with Morgan Stanley and Portugal's Caixa Geral de Depositos as bookrunners.
It sold 151.5 million shares at EUR2.35, according to a statement, below the market value of EUR2.422 a share before trading was suspended early morning.
Portugal sold a 21% stake in EDP in late 2011 to China's Three Gorges Corp. as part of a requirement under its international bailout.
Write to Patricia Kowsmann at patricia.kowsmann@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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