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Name | Symbol | Market | Type |
---|---|---|---|
Iberdrola SA (PK) | USOTC:IBDRY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.05 | 1.99% | 53.78 | 53.28 | 54.00 | 53.90 | 53.51 | 53.61 | 27,622 | 21:02:22 |
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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