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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Nrj Group | EU:NRG | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.02 | -0.26% | 7.78 | 7.78 | 7.82 | 7.82 | 7.74 | 7.80 | 2,888 | 16:35:29 |
[Dow Jones] Highly unlikely Exelon (EXC) will issue new public equity if it completes hostile bid for NRG Energy (NRG), since other options exist, RBC Capital Markets says. Exelon could sell assets, increase exchange ratio offered for NRG shares to address any balance sheet concerns. EXC last fall launched an exchange offer to pay a fixed ratio of 0.485 EXC share for each NRG share. RBC looks for EXC to adjust exchange offer to 0.55 to 0.595 in coming weeks as company factors in NRG's acquisition of Reliant Energy's (RRI) Texas retail business.
(mark.peters@dowjones.com)
Contact us at 212-416-2430.
1 Year Nrj Chart |
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