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| Name | Symbol | Market | Type |
|---|---|---|---|
| Drax Group PLC (PK) | USOTC:DRXGY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 14.795 | 11.85 | 13.63 | 12 | 21:06:11 |
From Jun 2019 to Jun 2024
By Adria Calatayud
Drax Group PLC (DRX.LN) is in talks with Iberdrola SA (IBE.MC) over the potential acquisition of a U.K. portfolio of pumped storage, renewable hydro and gas-fired generation assets, Drax said over the weekend.
The discussions are preliminary and there can be no certainty of any deal, the U.K. power-generation said in response to press speculation.
Any potential acquisition would be fully debt-funded and subject to shareholder approval, Drax said.
Write to Adria Calatayud at adria.calatayudvaello@dowjones.com
(END) Dow Jones Newswires
September 24, 2018 01:17 ET (05:17 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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