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Name | Symbol | Market | Type |
---|---|---|---|
Macquarie Group Ltd (PK) | USOTC:MQBKY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.699 | 0.46% | 151.759 | 151.41 | 156.68 | 157.45 | 144.85 | 157.45 | 3,330 | 16:41:44 |
By Giulia Petroni
Enel SpA said Thursday that it has received notice of a binding offer by Macquarie Infrastructure and Real Assets, a division of Macquarie Group Ltd., for the acquisition of its 50% stake in Open Fiber SpA.
The Rome-based energy company said Macquarie Infrastructure would pay approximately 2.65 billion euros ($3.14 billion) for the purchase, net of debt and with adjustment and earn-out mechanisms.
"Enel's board of directors acknowledged that it received the notice and is awaiting updates on the details that may emerge following the required in-depth activities with MIRA on the content of the offer," it said.
Open Fiber is a wholesale operator jointly owned by Enel and Italian state lender Cassa Depositi e Prestiti SpA.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
September 17, 2020 11:50 ET (15:50 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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