Deal overview

Deal overview
Target AVANGRID INC
Bidder IBERDROLA SA
Price £90.00 Full version or £25.00 Light version
Publication Date May 17, 2024
Abstract On 17 May 2024, the quoted Spanish energy group Iberdrola SA ("Iberdrola") announced that it had entered into an agreement to acquire the remaining 18.4% stake it did not own in its subsidiary, the quoted US energy company Avangrid Inc. ("Avangrid") for a cash consideration of US$35.75 per share. The terms implied an equity value for Avangrid of approximately US$13.88 ...
Number of pages (Full version) 9
Number of pages (Light version) 2
Format Adobe Acrobat (Download Acrobat Reader)
Free Sample Click Here to Download

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